Robinsons owes more than 440 creditors nearly US$24mil


Liquidator KordaMentha will take control of Robinsons' assets and assess the options to realise value to maximise returns to creditors.- ST

SINGAPORE (The Straits Times/ANN): More than 440 creditors are owed at least S$31.7 mil (US$24mil) by department store stalwart Robinsons, which is closing down its last two stores here.

In a notice issued to creditors dated last Friday (Nov 13), provisional liquidator KordaMentha said that an online creditors' meeting will be called on Nov 26, at 2pm.

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Singapore , closing , creditors , Robinsons

   

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