Crystal Jade holding companies placed under receivership; restaurants remain open
2 時間前
Financial and risk advisory firm Kroll is reviewing the restaurant group's finances and operations, including potential restructuring.
A view of the shopfront of Crystal Jade Hong Kong Kitchen at The Clementi Mall in Singapore. (Photo: Facebook/Crystal Jade Singapore)
Add CNA as a trusted source to help Google better understand and surface our content in search results.
SINGAPORE: Crystal Jade restaurants will continue operating and serving diners even as the restaurant group's holding companies in Singapore and Hong Kong have been placed under receivership.
Financial and risk advisory firm Kroll said in a news release on Wednesday (Sep 30) that its representatives have been appointed as receivers over Crystal Jade Culinary Concepts Holding Pte Ltd and Crystal Jade Culinary Concepts Holding (Great China) Limited.
The two companies are the holding companies for Crystal Jade's restaurant operations in Singapore and Hong Kong respectively.
Receivership generally involves an appointed receiver taking control of certain assets of a company, typically to protect or recover their value.
The Crystal Jade group has shuttered five outlets in Singapore this year, with the latest being the Crystal Jade Hong Kong Kitchen outlets at The Clementi Mall and Jurong Point.
本文の著作権はCNAにあります。