Konsortium collapse

Konsortium collapse

A MALAYSIAN coach travel specialist based in Singapore has suddenly shut down operations, leaving many travellers who have pre-paid adversely affected.

Konsortium Express & Tours closed its head office last Fri with immediate effect, pasting a notice on its door informing clients the business was facing a “financial crisis” and was no longer operating.

In response, The Singapore Tourism Board (STB) said it had revoked the travel agent’s license.

Affected travellers should contact their insurance providers for assistance.

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Source: traveldaily