STAFF, customers and booksellers were taken aback on Thursday by news that Borders Singapore's Australian parent company, REDgroup Retail, had gone bust.
The debt-laden company has been put into voluntary administration, which means it is working with an independent body to find solutions to pay its creditors.
On Thursday, the Singapore management could not say what will happen to the local store.
Ms Inge Wilhelm, executive general manager of Borders Singapore, declined to comment, saying: 'Give us 24 hours.'
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