Kroll, a privately owned company headquartered in the US, was founded in 1972 and employs approximately 5,700 professionals globally. The company provides business consulting and services, specializing in risk and financial advisory solutions.
On October 9, restaurant group Crystal Jade issued termination notices to approximately 120 employees as part of a restructuring exercise ahead of a proposed sale. This followed the closure of four restaurants on October 6, reducing Crystal Jade’s Singapore footprint to nine operating outlets. Previously, on October 8, Kroll announced it had completed restructuring measures for Crystal Jade's Singapore business, which involved the aforementioned restaurant closures and job reductions. Kroll representatives were appointed receivers of the holding companies for Crystal Jade's Singapore and Hong Kong operations on September 29, a role that typically involves taking control of certain company assets to protect or recover their value. Also on October 8, Kroll collaborated with MHA Consulting to provide disaster recovery plan advisory services to a long-term care and rehabilitation provider, aimed at strengthening operational resilience and ensuring the continuity of critical healthcare operations.
Subscribe for full access to Kroll's products in full detail 
