It’s understood that 16 of the corporateās workers will lose their jobs in consequence.
Since its launch in 2012, Proof & Firm Spirits has been instrumental within the growth of the Singapore and Asia Pacific hospitality sector via its distribution of unbiased spirits within the area.
In a web based assertion, a spokesperson for the corporate mentioned: āThe choice follows a interval of mounting challenges for the F&B and hospitality trade in Singapore, together with the closure of among the firmās longest-standing restaurant and bar clients.
āWe’re doing all we are able to to make sure a well-managed and productive final result, whereas retaining our companions knowledgeable each step of the best way.ā
Singapore has been hit with a rash of hospitality closures, with the Straits Occasions reporting that 3,047 F&B operations closed their doorways in 2024, and the primary half of 2025 noticed 1,404 closures.
The assertion additionally confirmed that the groupās flagship Singapore bar 28 HongKong Road, and its bar consultancy, Proof Inventive, will proceed to function.
The Hong Kong-based Proof Inventive has been behind among the areaās most high-profile resort bar openings, together with Manhattan, Atlas, and MO Bar in Singapore, BKK Social Membership in Bangkok and Argo in Hong Kong.
In April, the corporate positioned the Australian arm of its enterprise, Proof & Firm Australia, into voluntary administration.