When the COVID-19 pandemic led to a worldwide shutdown, our business was affected as well. Back in March 2020, we were forced to shut down our beloved karaoke business after suffering losses of more than S$500,000.
We closed most of our outlets but continued paying full salaries to our employees. Teo Heng even tried to enter the nightlife industry by converting outlets into coworking and study spaces.
We could not go ahead with our plans as the government put these pilot projects on hold. It increased our problems as we were unable to handle rental payments. So we had to make the call – we shut down our business for good.