Advertisement

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

Reading Time:1 minute
Why you can trust SCMP
Yvonne Kam (left), financial controller of Yung Kee, outside the Court of Final Appeal in Central. Photo: Felix Wong

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.

Advertisement

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.”

Advertisement

Yvonne Kam claimed she was still “extremely upset” to see the family’s business being wound up.

Advertisement