The 33-year-old King Parrot Group, a well-known name in Hong Kong’s restaurant industry, shut nine eateries on Friday, owing more than 100 staff over HK$1 million (US$127,440), according to a union.
The group, which ran more than 20 restaurants at its peak, informed staff of its decision to close the nine outlets with immediate effect and paid outstanding wages on the spot, according to Nerine Yip Lau-ching, general secretary of the Hotels, Food and Beverage Employees Association.
“The employer…
