Bakery chain Twelve Cupcakes ceases operations, now under provisional liquidation
A statement on the website of Twelve Cupcakes indicated that the bakery's chain has been placed under provisional liquidation and that its last day of operations was on Wednesday (Oct 29).
File photo of a Twelve Cupcakes outlet in Singapore.
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Bakery chain Twelve Cupcakes has ceased operations as of Wednesday (Oct 29). In a statement on its website, Twelve Cupcakes said that it had been placed under provisional liquidation with effect from Wednesday.
"We sincerely apologise for any inconvenience caused and would like to express our heartfelt thanks for your kind support and partnership over the years," added the bakery.
The chain operated outlets at locations including Changi City, Sentosa and Star Vista.
Twelve Cupcakes was founded in 2011 by former radio DJ Daniel Ong and his then-wife Jaime Teo. Following their divorce in 2016, Ong and Teo sold the company to India-based conglomerate Dhunseri Group.
In January 2021, Twelve Cupcakes, under Dhunseri Group, was fined S$119,500 for underpaying seven employees about S$114,000 over two years, between December 2016 and November 2018.
At the time, the chain claimed that it had continued the practice that was installed by the previous management, by indicating on paper a salary that was higher than what the workers actually received.
Months later, Ong and Teo were each fined S$65,000 under the Employment of Foreign Manpower Act.
In response to queries from CNA Lifestyle, a spokesperson from the office of the provisional liquidators of Twelve Cupcakes said that its team is "currently in the process of gathering the necessary information" and that a creditors' meeting will be convened within the next four weeks.
"We are also working closely with the Food, Drinks and Allied Workers Union (FDAWU) to provide appropriate assistance to former employees affected by the company’s closure," added the spokesperson.
