Yung Kee goose restaurant can live on, Hong Kong family member says after meeting company receiver
Yvonne Kam vows to make the best of it as news emerges that opposing sides of family keen to buy back shares
One of the two families feuding over the operation of the famous roast goose restaurant Yung Kee said this morning that it hoped business could continue despite their failure to reach a settlement.
Yvonne Kam Kiu-yan, daughter of Ronald Kam Kwan-lai, made the comments after having the first meeting with the company’s official receiver to find out more about the winding-up order imposed by the Court of Final Appeal last night.
“No matter whose hands Yung Kee falls into, I just hope it will continue as a business,” she said.
READ MORE: Last-ditch effort to save Yung Kee fails as roast goose restaurant loses bid to delay court order
Yvonne Kam said it was too early to say what would happen next.
However, she said she was shocked to learn from a news report that her late uncle Kinsen Kam Kwan-sing’s side was interested in buying back the restaurant’s shares.
“Now we understand why we weren’t able to reach a compromise and buy out their shares.”
Yvonne Kam claimed she was still “extremely upset” to see the family’s business being wound up.
READ MORE: Yung Kee family feud: Iconic roast goose restaurant’s future uncertain as struggles to reach deal continues
“It’s very shocking news for us and we’re extremely disappointed how it happened,” she said.
She said she explained what was happening to senior restaurant staff last night. Kam said some senior managers who had worked for the restaurant for years wept upon learning of the restaurant’s demise.
She added: “We’ll have to see how the things go,” noting that if there was anything she could do, she would still try her very best to keep the business.
