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Why did Burger King in New Zealand go bankrupt?

Burger King, KFC and McDonald's are well-known large chain fast food enterprises, and there are also many stores in China. Recently, according to TheNewZealandHerald, Burger King of New Zealand declared bankruptcy management on April 4th, so why did Burger King of New Zealand go bankrupt? Why did Burger King in New Zealand go bankrupt? Affected by the epidemic, since New Zealand entered the blockade on March 25, Burger King Restaurant has stopped operating, which has seriously affected the financial status of Burger King in New Zealand. Although Burger King New Zealand applied for and received a salary subsidy from the government to help pay the salaries of all employees during the blockade, since the blockade, the restaurant has no operating income, and the break of cash flow has caused Burger King New Zealand to be unable to pay the corresponding funds to suppliers and landlords. There is great uncertainty about when the blockade will end and how quickly the economy will recover. In this case, the shareholders of Burger King New Zealand also decided not to inject any capital into the company. In short, the financial difficulties caused by the epidemic blockade and the fact that shareholders no longer increase capital are the main reasons why Burger King New Zealand has to enter bankruptcy management. However, the relevant person in charge said that the purpose of Burger King New Zealand entering bankruptcy management was to restart the business and find a new investor. In other words, if a new investor is found, Burger King New Zealand may suspend bankruptcy after bankruptcy reorganization. However, considering the current market situation and the uncertainty of the trading environment, it is estimated that it will be difficult to find new investors. Note: Only Burger King's business in New Zealand is under bankruptcy custody this time, and Burger King's business in other countries and regions is not affected.