Lao Huo Tang debt collection claims Singapore, Digi Mart USA News (Singapore): Debt recovery agencies FDR Services and A.S.K Debt Recovery SG say they are separately pursuing unpaid supplier claims linked to businesses under or associated with the Lao Huo Tang restaurant group. FDR said its claims total $550,795.58, while A.S.K said it is handling claims approaching $2 million.
The Straits Times reported that collectors visited a mixed rice stall in Bedok Reservoir Road on Nov 12 as part of these efforts. The agencies said the companies involved are linked to Thomas Hong, founder and chief executive of Lao Huo Tang Group, who is listed in corporate records as a director of several food and beverage businesses.
The amounts were provided by the agencies and have not been independently established as debts owed by Hong personally.
According to FDR, one vegetable supplier is pursuing $335,494.97 in allegedly unpaid invoices for deliveries to several outlets in shopping malls, with invoices dating back to 2025. FDR also said its portfolio later expanded to include a meat supplier, bringing the total to $550,795.58. The agency described difficulties in reaching responsible parties, including a manager who declined to engage and employees who said their salaries had also been delayed.
A.S.K said one client had identified $356,138.36 in outstanding invoices across 10 accounts, and that its overall figure was an estimate based on claims brought to its attention rather than a complete calculation of debts owed by every related company. The agency said the businesses were not necessarily under the same legal ownership, and that it was willing to consider instalment arrangements.
Hong’s representatives have disputed his involvement or directorship in certain companies, according to A.S.K.
The reports come as several companies linked to Lao Huo Tang have appeared in court over unpaid Central Provident Fund contributions. Separately, the High Court ordered Singapura Heritage Food Hall, wholly owned by Lao Huo Tang Investments, to wind up on Oct 23 following an application by a poultry supplier; the amount owed was not disclosed.
The CPF proceedings and winding-up order are separate from the commercial claims being pursued by the agencies. Lao Huo Tang’s management and Hong did not respond to The Straits Times’ latest queries.
