Ministry Of Food Founder Declared Bankrupt After Accumulating Over S$5.4M In Debt
Ministry of Food founder Lena Sim was declared bankrupt after owing over S$5.4 million in debts. She also faces charges from the IRA.
Source: mustsharenews.com
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Ministry of Food founder declared bankrupt over $5.4 million debt
Ms Lena Sim had acted as a personal guarantor for a US$5 million loan to Blue-link Properties Offshore. Read more at straitstimes.com.
Source: straitstimes.com
S'pore F&B Group Ministry Of Food To Close Down After Failing To Pay S$200K Debt
S’pore F&B Group Ministry Of Food To Close Down After Failing To Pay S$200K Debt Zafirah Salim © Provided by Vulcan Post S'pore F&B Group Ministry Of Food To Close Down After Failing To Pay S$200K Debt The creditor is Chua Ngak Hwee — the co-founder of medical device company Healthstats — who had sued MOF last month when the company failed to repay him. Chua had applied to wind up MOF, which was granted by the High Court on April 9. © Provided by Vulcan Post F&B brands under Ministry of Food / Screenshot from Ministry of Food website
Source: msn.com