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12-09-2021, 10:00 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
LUXURY marketplace Reebonz, which recently made headlines for owing sellers payment, has appointed a provisional liquidator to wind up the company as it buckled under liabilities estimated to be about S$65 million.
Its director Samuel Lim Kok Eng took out notices in The Business Times (BT) on Sept 10 to inform creditors that Reebonz is in creditors' voluntary liquidation, as it "cannot by reason of its liabilities continue its business".
Reebonz was reported to have owed more than...
Read more (https://www.sammyboy.com/threads/reebonz-this-kind-of-business-can-owe-people-65million.310112/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/reebonz-this-kind-of-business-can-owe-people-65million.310112/).
LUXURY marketplace Reebonz, which recently made headlines for owing sellers payment, has appointed a provisional liquidator to wind up the company as it buckled under liabilities estimated to be about S$65 million.
Its director Samuel Lim Kok Eng took out notices in The Business Times (BT) on Sept 10 to inform creditors that Reebonz is in creditors' voluntary liquidation, as it "cannot by reason of its liabilities continue its business".
Reebonz was reported to have owed more than...
Read more (https://www.sammyboy.com/threads/reebonz-this-kind-of-business-can-owe-people-65million.310112/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/reebonz-this-kind-of-business-can-owe-people-65million.310112/).