8th May 2025 – (Hong Kong) Ocean Empire International Ltd., the overseeing entity of the financially struggling Ocean Empire Food Shop, has announced the cessation of all operational activities on Wednesday evening (7th). This decision stems from adverse business conditions and the deteriorating financial health of the company. Consequently, management has opted to close all outlets and office spaces on the same day. Following the discontinuation of business operations, the company is set to commence a voluntary liquidation process to address outstanding debts.
The Ocean Empire Food Shop, which has a presence in seven locations as per its official website, has issued a communication to its employees, outlining the decision to end all operations immediately. This move results in the termination of employment contracts for all staff members.
Ocean Empire International Ltd., in correspondence with its employees, has cited challenging business conditions and financial constraints as the primary reasons for the decision to shut down all business operations and close all storefronts and offices simultaneously. The company plans to undertake a voluntary liquidation process to settle pending debts, encouraging employees to seek compensation for various outstanding dues, including unpaid wages, accrued notice pay, accumulated annual leave, and severance pay. Employees are advised to seek guidance from the Labour Department regarding their legal entitlements and the procedure for lodging claims.
