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Twelve Cupcakes Collapses Into Provisional Liquidation, Regulators Probe Unpaid Wages

Regulators are investigating wage and CPF claims following the abrupt layoffs.

Overview

  • About 80 employees were dismissed without advance notice, with the union calling the move unacceptable and urging collaboration with the liquidator on claims.
  • AAG Corporate Advisory, appointed as liquidator, says it is gathering information and will convene a creditors’ meeting within four weeks as required by law.
  • In a joint statement, MOM and the CPF Board said they will pursue enforcement where warranted, and CPF will file claims to recover outstanding September and October contributions.
  • Workers have begun seeking recourse at the MOM Services Centre for unpaid October salaries, and foreign staff face tight deadlines to secure new jobs under work pass rules.
  • The chain, founded in 2011 and sold to India’s Dhunseri Group in 2016, previously faced fines in 2021 for underpaying foreign employees, adding scrutiny to the current case.