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Business closures

Former Cathay cinema operator mm2 Asia, subsidiary still owe over $219k in CPF arrears

Cinema operator mm2 Asia formerly operated Cathay Cineplexes, which ceased operations in Singapore on Sept 1, 2025, after its four remaining outlets closed amid mounting financial difficulties.
Cinema operator mm2 Asia formerly operated Cathay Cineplexes, which ceased operations in Singapore on Sept 1, 2025, after its four remaining outlets closed amid mounting financial difficulties.

Forum: Extension gives businesses more time to manage transition

Ishtara Jewellery expands to iconic Komala Vilas location

The shuttered Komala Vilas Vegetarian Restaurant since January 2026, a popular heritage Indian food restaurant along Serangoon Road.
The shuttered Komala Vilas Vegetarian Restaurant since January 2026, a popular heritage Indian food restaurant along Serangoon Road.

Delfi Orchard locks down Tang Contemporary Art premises after alleged failure to pay rent

Tang Contemporary Art at Delfi Orchard is allegedly in arrears.
Tang Contemporary Art at Delfi Orchard is allegedly in arrears.

Diners saddened but unsurprised by Crystal Jade outlet closures; affected workers secure interviews

The Crystal Jade Hong Kong Kitchen outlet at Suntec City, which closed in July.
The Crystal Jade Hong Kong Kitchen outlet at Suntec City, which closed in July.

True Fitness, True Yoga’s liquidators received claims from over 3,000 creditors

The move comes after special resolutions were passed at extraordinary general meetings for both companies on Oct 7.
The move comes after special resolutions were passed at extraordinary general meetings for both companies on Oct 7.

Oprah-backed True Food Kitchen files for bankruptcy after expansion

Oprah Winfrey had decided to invest in True Food Kitchen and joined the board after dining in its Palo Alto, California, location.
Oprah Winfrey had decided to invest in True Food Kitchen and joined the board after dining in its Palo Alto, California, location.

Forum: Responsible business that acted before lease expiry left in the cold

OldTown White Coffee to close last Singapore outlet at Kallang Wave Mall

OldTown White Coffee’s final day of operations in Kallang Wave Mall in Singapore is Oct 11.
OldTown White Coffee’s final day of operations in Kallang Wave Mall in Singapore is Oct 11.

Mandate safeguards for consumers who buy prepaid packages amid surge in losses, says CASE

Between Sept 10 and 30, CASE received 1,610 complaints over nearly $3.82 million in prepayment losses after fitness business closures.
Between Sept 10 and 30, CASE received 1,610 complaints over nearly $3.82 million in prepayment losses after fitness business closures.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.