(Yicai Global) March 13 -- Hong Kong Special Administrative Region's High Court has received a winding-up order for Hui Lau Shan after the dessert restaurant chain failed to pay rent for one its mall locations for five months, adding to a string of unpaid leases.

The owner of the mall in Fanling filed the petition on March 11 after missing out on HKD521,000 (USD67,100) in rent, management fees and other dues between August and January, local newspaper Ming Pao reported yesterday.

Founded in the 1960s, Hui Lau Shan is renowned for its prominent use of mango and had more than 40 outlets in Hong Kong in its heyday. It was acquired by Royal Dynasty International Holding in 2015 but has recently shut down 12 of its shops in Hong Kong, including some in downtown areas like Causeway Bay and Tsim Sha Tsui, after winding up in court because property owners were demanding unpaid rent.

Most of the stores it has shut are in tourist hot spots or residential areas, Hui Lau Shan told media in January, adding that sales at scenic spot locations had declined by 60 percent to 70 percent because of a sharp drop in visitors to Hong Kong.

Stores on the Chinese mainland remain unaffected by the order, managers at stores in Hong Kong and on the Chinese mainland told Jiemian News today, but declined to comment further. The firm entered the Chinese mainland in 2008 and has at one point had around 280 stores around the globe, boasting locations in the US, France and Canada, among other countries.

Editor: James Boynton