Borders Singapore placed under judicial management

Wednesday, 7 September 2011 Books+Publishing

Borders Singapore has been placed under judicial management for six months, reports ChannelNewsAsia. Judicial management is a form of administration in which a court-appointed officer takes on management of a business in order to rehabilitate it. There are two Borders stores in Singapore, one at Wheelock Place and another at Parkway Parade.Court documents claim...