Mary Chia beauty firm appears in court over unpaid CPF contributions
The State Courts heard that the beauty company had made a payment of $11,291 on Sept 9.
On September 10, Mary Chia Beauty & Slimming Specialist appeared in court due to outstanding Central Provident Fund (CPF) contributions totaling $50,208, with $11,291 already paid. A payment plan was negotiated with the CPF Board, involving the company's current payment and one month of arrears. The beauty and wellness firm, founded in 1994 and wholly owned by Mary Chia Holdings, faces additional insolvency proceedings from lender Fullink Capital.
Fullink claimed $902,640 in debt, with Mary Chia disputing certain charges. The company has already paid $343,829 to Fullink and continues to challenge the remaining $558,811.
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- Mary Chia beauty firm appears in court over unpaid CPF contributions businesstimes.com.sg
