Fat Dumpling Fortitude Valley company in liquidation but restaurant continues to trade
The company that launched a popular Chinese restaurant which boasts the “best dumplings in Brisbane” is in liquidation – but the restaurant itself has continued to trade.
The company that launched a popular Chinese restaurant which boasts the “best dumplings in Brisbane” is in liquidation – but the restaurant itself has continued to trade under new ownership.
Fat Dumpling, on busy Brunswick St in Fortitude Valley, has enjoyed hundreds of highly positive online reviews since it opened more than a decade ago.
But its sister restaurant, in King St Bowen Hills, closed down earlier this year and S&L AU, which traded as Fat Dumpling Fortitude Valley, was placed into voluntary liquidation on Monday.
The restaurant’s former website is now occupied by an Indonesian online lottery company and its Instagram page hasn’t been updated in more than three years.
Despite the insolvency of the company that launched Fat Dumpling, the store itself has remained open, with new owners buying the business before the company went into liquidation.
Responding to questions via email, new owner Yingliang Chen said the restaurant would stay open.
“I just want to clarify that Fat Dumpling Fortitude Valley has always remained open and trading as normal,” he wrote.
“I took over this business in January this year from the previous owner.
“We have not stopped operating at any point, and our business continues to serve the community as usual.”
S&L AU is solely directed by Zhonghao Liang, 35, who declined to comment.
Louisa Sijabat of Merchants Advisory, the appointed liquidator of S&L, said she had begun investigations into the affairs of the company, including assessments of assets, creditors, and historical operations.
“In encouraging news for loyal diners, the restaurant’s assets were sold prior to the liquidation,” she said.
“As far as is understood, Fat Dumpling Fortitude Valley will continue trading under new ownership, ensuring that locals can still enjoy the signature dishes that made the venue a favourite.
“The hospitality industry continues to face challenging conditions across Australia, including rising operating costs, labour shortages, and a decline in consumer spending.”
Queensland Government records show Fat Dumpling still holds a current liquor licence.
Fat Dumpling has made a name for its northern Chinese-style dumplings, which are handmade daily.
Online reviewers rave about its favourites pork and chives dumplings, BBQ pork buns, and pork xiao long bao.
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Originally published as Fat Dumpling Fortitude Valley company in liquidation but restaurant continues to trade
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