Twelve Cupcakes owes over $1m to creditors; workers may get Oct salary in Q1 2026
The Straits Times - Sports·2025-11-25 17:20
SINGAPORE - Close to 100 creditors are owed slightly over $1 million by shuttered confectionery chain Twelve Cupcakes, according to one of its appointed liquidators on Nov 25. The amount excludes the unpaid salaries owed to 80 former employees.
The company has entered full liquidation as of Nov 24, the liquidator AAG Corporate Advisory confirme d with The Straits Times. While a committee of inspection, which acts as a representative body for consults with the liquidators, was not appointed yesterday, volunteers are expected to come forward.
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sowhat 25/11/2025
Ft again. Send them home lah still here loitering to snatch jobs
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Davis27 25/11/2025
The demand for cupcakes must have been dwindling since people have now to pay extra for daily meals. Who would want to spend on sweet desserts like cupcakes which are not cheap and are an unnecessary 'luxury' for some. Essentials come first!
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Userlq87 25/11/2025
just hope to see you soon love you too baby girl so much for you to do it on the first time in the money for the first time in the money for the first time in the money 😭 better than yesterday and the money for you 🙏
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jin boh eng 25/11/2025
wahhh! attracting wealthy and hnwi to invest here but if ran away every local companies and individuals suffer. how can liddat! ah ney tea company bo tai ji?
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Teobehpio 26/11/2025
Noted on this update and good morning and has a nice day and good breakfast and remember to return tray when you finish your food at HDB coffee shop and thank for your information and comments and share and officer's involved in this case well done
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