{
  "id": 15883105,
  "title": "Singapore court gives green light for bridal services firm Korea Artiz Studio to wind up",
  "url": "https://urgent.news/2026/10/21/singapore-court-gives-green-light-for-bridal-services-firm-korea",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-21T11:45:00.000Z",
  "source": {
    "name": "Straits Times Business",
    "slug": "straits-times-business",
    "url": "https://www.straitstimes.com/business/singapore-court-gives-green-light-for-bridal-services-firm-korea-artiz-studio-to-wind-up"
  },
  "original_language": "en",
  "account": "The Supreme Court of Singapore has permitted the closure of wedding photography studio Korea Artiz Studio, according to a ruling announced on October 21. The decision came after the studio's representative missed their hearing on October 9, leading to the grant of the winding-up application filed by CF Consultancy. CF Consultancy had nominated three individuals from Avery Corporate Advisory as the provisional liquidators, as reported in a Gazette notice published on September 28.\n\nKorea Artiz Studio, which originated in Busan, South Korea in 2008, is a high-end bridal photography brand with international studios. The studio abruptly ceased operations on August 14 following the non-payment of staff salaries. The premises were subsequently seized by Carlton Hotel. The dismissal of the studio has impacted 393 customers, many of whom are members of a Telegram group chat formed to discuss the situation.",
  "summary": "The winding-up application filed by CF Consultancy was granted on Oct 9.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}