December 10, 2020
The Straits Times file
Kay Lee Roast Meat Joint has been long known for their roasted meats fatty char siew, crispy roast pork and roast duck. However, that was not why they made the headlines in 2012.
Instead, it was because the original owners, Ha Wai Kay and Betty Kong, wanted to sell their recipe and premises for $3.5 million.
They made the front pages again in 2014, this time because they managed to find a buyer and sold their business for $4 million to electronics firm Aztech Group, whose chairman took just 10 minutes to seal the deal. At the point of the deal, it was reported that 10 Kay Lee restaurants would be rolled out over the next two years.