End of chapter for Borders' flagship store

The Borders store at Wheelock Place has closed due to a dispute. (Yahoo! photo)

The Borders flagship store at Wheelock Place has shut its doors after a rental dispute with its landlord.

Its Parkway Parade branch, however, remains open.

According to Channel NewsAsia, an error was found in the cheque issued to Borders' landlord, Wheelock Properties, causing the latter to take over the retail space.

"The rent cheque for August was not paid in the beginning of the month. And when the cheque was issued, initially there were some errors in the cheque - the amount and words did not reflect the amount and digits, and there was a need for a new cheque to be issued," said Tim Reid, interim judicial manager of Borders.

Wheelock Properties then requested for a cashier's order but the cashier's order was not delivered within the specified timeline.

Reid told the broadcaster that as far as he knows, Borders does not have a history of late payment for its rent.

AsiaOne reported that although a cashier's order was later drawn, Wheelock Properties, having re-entered the premises, did not want to reverse its actions.

Reid said the company is now focussed on removing its stock by 23 August, when its tenancy at the Orchard Road shopping mall ends. It will hold a book sale to clear its stock.

He added he might seek a buyer for the Singapore company.

Borders at Wheelock Place was first found closed on 16 August, leaving many customers confused as to what had happened to the store.

The staff then assured customers that there was technical glitch with the shutter and business would resume the next day.

Borders has said that the recent closures of stores in Australia and US after the filing of bankruptcy protection are not linked to the incident here in Singapore.

  • Reuby Dedicates First Ever Award To Mr Lee Kuan Yew
    Reuby Dedicates First Ever Award To Mr Lee Kuan Yew

    While the nation was swept up in the news of Mr Lee Kuan Yew‘s passing last week, local singer-songwriter Reuby brought home Singapore’s first award at the Hong Kong Asian Pop Music Festival (HKAMF) last Friday. Held at Hong Kong Convention and Exhibition Centre Hall, this is the first time a Singaporean representative has won an award at the festival – now in its fifth year and counting. 19-year-old Reuby (born Reuben Tan) captured 37% of the total votes cast online to win the Viewers Popularity Award – titled “LeTV’s Top Pick Award” (sponsors, you know).

  • Iskandar poised to be data centre hub for Southeast Asia, says BroadGroup

    KUALA LUMPUR: Iskandar Malaysia is consolidating its position and is poised to be a key data centre hub for Southeast Asia with its location on the opposite side of Singapore, says international consulting firm BroadGroup Consulting. Its Managing Director Steve Wallage said growth in the data centre sector has been sustained globally and its forecasts suggest tremendous expansion in Southeast Asia in the coming years. “Singapore is so far the dominant market in the region and it is a much needed opportunity for data centre businesses and investors in Southeast Asia to assess opportunities outside of the country.

  • Indian-origin lecturer wins top nursing award

    Singapore, April 1 (IANS) An Indian-origin woman here will receive an international award for her work in the healthcare sector for women and refugees, becoming the first Singaporean to get the prestigious biennial prize. Subadhra Devi Rai, a senior lecturer at the School of Health Sciences (Nursing) at Nanyang Polytechnic (NYP), has been named winner of the 2015 International Achievement Award by the International Council of Nurses' Florence Nightingale International Foundation, The Straits Times reported. Rai, 51, was selected from a pool of nominees worldwide for her "dedication in providing nursing care to vulnerable populations since the beginning of her career", said Judith Shamian, president of the International Council of Nurses and the Florence Nightingale International Foundation.