Explainer | How can consumers avoid being burned after collapse of Singaporean 1880 club in Hong Kong?

Explainer | How can consumers avoid being burned after collapse of Singaporean 1880 club in Hong Kong?

The Hong Kong branch of a Singapore-based private club has proceeded with liquidation with debts of about HK$20 million (US$2.5 million), following its abrupt closure after just seven months in business. The Post unpacks the potential pitfalls of joining a private club and what consumers should do to protect themselves. 1. What’s happened to 1880…

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