Only $438,000 worth of claims filed out of $8.9m oBike owes in deposits, says liquidator
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SINGAPORE - The majority of oBike users have not yet filed claims to retrieve their deposits, the firm's liquidators revealed on Wednesday (Jan 23). But even for those who have filed claims, there is no timeline yet as to when they can get their money back,Only $438,000 worth of claims filed out of $8.9m oBike owes in deposits, says liquidator
SINGAPORE - The majority of oBike users have not yet filed claims to retrieve their deposits, the firm's liquidators revealed on Wednesday (Jan 23). But even for those who have filed claims, there is no timeline yet as to when they can get their money back, as liquidator FTI Consulting continues debt settlement talks with oBike's new majority shareholder. The bicycle operator ended its Singapore operations unexpectedly last June, after about 18 months of operating here. Read more