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Local Cafe Chain Bakerzin Goes Bust After 22 Years Homegrown cafe chain Bakerzin closes its doors after 22 years, accumulating more than S$41 million in debt to creditors and ex-staff Join the conversations on THG’s Facebook and Instagram, and get the latest updates via Telegram
Bakerzin owes creditors $41m | Page 6 | HardwareZone Forums Wow 41Millions How on earth a cafe chain chalked up so much debt? Even after liquidation, the creditors will not be able to get back much of the money this is going to create a domino effect
BAKERZIN HOLDINGS PTE. LTD. (200007206G) - RecordOwl Bakerzin Holdings Pte Ltd, a homegrown cafe chain specializing in desserts, went into liquidation on October 16, 2020 The company owed creditors over S$41 million
Homegrown cafe chain Bakerzin goes into liquidation after 22 . . . SINGAPORE — Homegrown cafe chain Bakerzin, which went into liquidation on Friday (Oct 16), owes creditors more than S$41 million Of this, close to S$40 million is owed to its parent company, which had dug deep into its pockets to support the chain’s sluggish business