Singapore Private Club 1880 Closes, Goes Into Liquidation

Singapore private members' club 1880 announced its permanent closure on June 17, with its holding company 38 Degrees and operating company 1880 Pte Ltd placed into provisional liquidation. The closure follows declining spend and visit frequency from members, with the company unable to secure sufficient investment despite receiving three offers that failed to materialize. The Hong Kong branch of 1880 had also closed less than a month earlier amid financial difficulties, reportedly owing significant debts and employee wages. Founder Marc Nicholson expressed regret over the failure, describing the venture as a dream to foster connections and meaningful debate, and apologized to stakeholders and staff. The abrupt shutdown has left no funds to pay employees or suppliers, and the club's premises have been locked with no further operations. Notable past speakers at 1880 included prominent diplomats and public figures, highlighting the club's once-prominent status in Singapore's social scene.