This was published 4 years ago
Updated ,first published
One of sydney’s most iconic eateries – Golden Century Seafood Restaurant – has gone into administration with the owners blaming the ongoing impact of COVID-19 shutdowns and a lease dispute.
Chifley Advisory has been appointed administrator of the institution in the heart of Sydney’s Chinatown and a meeting of creditors will be held on August 27.
Calls and emails to the restaurant on Thursday evening went unanswered and a notice on its website says the restaurant is temporarily closed due to COVID-19 restrictions.
A notice published by ASIC said the company went into administration on August 17.
Administrator Desmond Teng said the primary reason the restaurant has entered voluntary administration was due its long-term lease coming to an end on August 31.
“Golden Century owners have exhausted all options to negotiate a commercial agreement for…