All shops of restaurant chain Soi 47 are closed, following reviews that the previous proprietor defaulted on funds after abruptly promoting the enterprise, leaving over S$160,000 in unpaid payments.
A frozen meals provider, Haiseng Meals Firm, which has labored with Soi 47 since 2019, accused the corporate of defaulting on funds since Sept 2024, in keeping with Shin Min Daily News.
Its ex-owner and supervisor, surnamed Ang, has been uncontactable since Aug 2025.
Ex-owner jailed for labour violations
In keeping with 43-year-old He Zhenzhu, the pinnacle of Haiseng Meals Firm, Ang had all the time positioned orders immediately and settled funds month-to-month, describing their transactions as “easy for a number of years.”
Nevertheless, issues took a flip for the more severe late final yr. Each time He requested fee, the restaurant chain’s monetary supervisor allegedly refused to pay him, citing excuses equivalent to Ang being abroad or the cheque ebook being unavailable.
In Dec 2024, Ang admitted that the corporate was having money circulate issues and requested for a grace interval, promising to repay the arrears in month-to-month instalments of S$20,000 to S$30,000 beginning that month.
He agreed on the grounds of their long-standing relationship. Nevertheless, in Aug 2025, the funds instantly stopped altogether, and He may not attain Ang.
After investigating, He found that Ang was in jail, reported Shin Min.
In keeping with a Ministry of Manpower press release on Jun 19, a 45-year-old man, Ang Wee Ling, was sentenced to 14 months’ imprisonment for his involvement in unlawful labour importation.
He was investigated for allegedly conspiring with two others to fraudulently apply for work passes by way of his firms, Toast Inn and Tinn3 Pte Ltd, that are each listed underneath Soi 47, in keeping with the Singapore Food Agency’s track records for licensed meals institutions.
“No obligation to pay others”
Shin Min stated that He’s subsequent makes an attempt to contact the Soi 47 Two’s registered director bore no fruit, because the director allegedly claimed that he was merely a “nominal figurehead” whereas Ang had all the time run every day operations.
The director, surnamed Hua (transliteration) shared that he joined the corporate in Apr 2025 after assembly Ang by way of a buddy a number of years again. Ang had additionally instructed him that he “wanted to borrow practically S$2 million from the financial institution.”
After reviewing the corporate’s funds, Hua noticed that the enterprise had potential and agreed to hitch the corporate. Nevertheless, he later realized that Ang had been imprisoned in Jun 2025 for labour-related offences.
“It was solely in Sept that I realised how deep the corporate’s money owed ran, after different suppliers and companions began contacting me,” he stated. Hua added that after checking the accounts, he discovered suspicious transactions and plans to report them to the police.
Furthermore, Hua stated that the corporate had 4 or 5 companions who invested in 2017, however by no means truly made any revenue.
After contacting Hua, He had repeatedly approached the brand new administration of Soi 47 Two to hunt clarification, solely to have upset the brand new supervisor, who then lodged a police report.
When contacted, the brand new supervisor of Soi 47 Two, surnamed Zhuang (transliteration), shared with Shin Min that the group solely lately took over operations and was not liable for the earlier proprietor’s money owed.
“Whoever owes the cash needs to be held accountable,” he stated. “We now have no obligation to pay for others.”
Having hit a lifeless finish, He has since filed a police report and hopes his expertise will function a warning to different gamers within the meals provide trade.
All shops shut
A verify on Google Maps revealed that 5 of Soi 47’s six shops are listed as both briefly or completely closed, with solely the Toa Payoh department nonetheless listed as operational. Nevertheless, according to a Mothership report, the Toa Payoh outlet can be closed.
Vulcan Publish has reached out to Soi 47 for additional remark through electronic mail and their enterprise cellphone quantity, however has not acquired any reply.
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Featured Picture Credit score: Jocelin Lam through Google Critiques / Soi 47
