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Paradise Group Holdings

From Wikipedia, the free encyclopedia

Paradise Group Holdings
IndustryRestaurant
FoundedSingapore (2002)
HeadquartersSingapore
Number of locations
48 in Singapore, 63 overseas
Area served
Websitewww.paradisegp.com

Paradise Group Holdings Pte Ltd is a Singapore-based restaurant group incorporated in 2002 by Eldwin Chua, and Edlan Chua.[1][2] The company's restaurants serve a variety of Chinese cuisine. Their brands include Seafood Paradise, Paradise Inn, Taste Paradise,[3] Paradise Dynasty, KungFu Paradise, Paradise Pavilion, One Paradise and Canton Paradise. In 2015 the company operates restaurants are currently in Singapore and Malaysia, Indonesia and China.[4]

History

Paradise Group Holdings opened its first restaurant, Seafood Paradise, in 2002 at Defu Lane industrial estate in Singapore. Three more Seafood Paradise outlets were later opened in Singapore.

In 2006, the group opened Taste Paradise in Chinatown and in 2009, it moved to its current location at ION Orchard shopping mall. That year the group launched the first outlet of Paradise Inn at Funan DigitaLife Mall.

In 2010, the group launched One Paradise, their catering arm, and also Paradise Dynasty, at ION Orchard, serving upscale northern and southern Chinese dishes. Paradise Pavilion also opened in 2010 at Marina Bay Financial Centre, offering Peking duck and modern Chinese cuisine. The Paradise Group also launched KungFu Paradise, an all-day café with both eastern and western dishes aimed at the younger crowd.

In December 2011, Paradise Group embarked on another eatery, Canton Paradise which is a Hong Kong-style eatery offering Cantonese, Shunde cuisine and dim sum.

In 2012, Paradise took part in a government-sponsored study designed to improved productivity in the restaurant industry. The resulting efficiency helped the company double its earnings that year to $50 million.[5] Also in 2012, the company collaborated with Chaswood Resources to develop restaurants in Thailand.[6]

By 2014, Paradise Group Holdings was operating 34 restaurants, but faced charges in Singapore of tampering with the gas meters at 24 of them.[2][7][8] In 2016, they were found guilty of 29 out of the 33 charges of using $640,000 worth of gas without paying.[9] In addition to repaying City Gas for the gas they had fraudulently used, the group was fined $530,000, lower than $610,000 that was asked for by the Energy Market Authority, higher than the $37,000-$95,000 that was asked for by its defence lawyer.[10]

In spite of this, the company continued to open new restaurants.[11] In 2015, the group's Malaysian subsidiary opened its first Thai restaurant in Malaysia.[12]

Awards

  • Entrepreneur of the Year 2011[13][14]
  • Singapore Prestige Brand Award 2011[15]
  • SME1 Asia Awards 2011[16]
  • Enterprise 50 Award 2011[17]
  • Epicurean Star Award 2011[18]

References

  1. ^ Asia One, From small coffee shop to chain of 14 eateries, 16 November 2010.
  2. ^ a b "Paradise accused of tampering with gas metres". AsiaOne, Khushwant Singh Jan 20, 2014
  3. ^ "Coba Cicipi Kemewahan Santapan Kaisar". Tribun News, 29 May 2012
  4. ^ "Singapore firms in Thailand make backup plans amid unrest". Jakarta Post.
  5. ^ "Route to productivity Paradise". Asia One. 2 March 2012.
  6. ^ "Chaswood debuts on Singapore ". Borneo Post, on March 22, 2012
  7. ^ "Paradise group accused of tampering with meters, using $640k of fuel". The Straits Times, Jan 9, 2015
  8. ^ "Paradise Group Restaurant Accused of Using $640,000 Worth of Free Gas"[permanent dead link]. The Global Point, January 9, 2015
  9. ^ Hussain, Amir (2016-06-01). "Paradise group found guilty of tampering with gas meters, using nearly $640k of unpaid gas". The Straits Times. ISSN 0585-3923. Retrieved 2023-09-21.
  10. ^ Hussain, Amir (2016-06-24). "Paradise group fined $530,000 for gas fraud". The Straits Times. ISSN 0585-3923. Retrieved 2023-09-21.
  11. ^ "Learn, dine and shop at new mall". Asia One, Dec 1, 2014.
  12. ^ "Giving the dining scene in KL and PJ an overall view". The Star Online, Esther Chandran and Jade Chan
  13. ^ The Entrepreneur of the Year 2011[permanent dead link], CEO Eldwin Chua and Paradise Group on Entrepreneurs Organisation Asia
  14. ^ The Entrepreneur of the Year 2011 Overall Winners Archived 2012-01-21 at the Wayback Machine, CEO Eldwin Chua and Paradise Group on The Entrepreneur of the Year ~ A Rotary-ASME Award organised by the Association of Small and Medium Enterprises (ASME) and Rotary Club of Singapore
  15. ^ Singapore Prestige Brand Award 2011 Archived 2011-11-26 at the Wayback Machine, Paradise Group Holdings on the Association of Small and Medium Enterprises and Lianhe Zaobao
  16. ^ Top Winner for the Notable SMEs category in the SME1 Asia Awards 2011 Archived 2012-04-19 at the Wayback Machine, Paradise Group Holdings on SME1 ASIA Awards organised by the APF group
  17. ^ Enterprise 50 Awards 2011 Archived 2015-11-21 at the Wayback Machine, Paradise Group Holdings on the Enterprise 50 Association jointly organised by The Business Times and KPMG, supported by the Infocomm Development Authority of Singapore, International Enterprise Singapore, Singapore Business Federation and SPRING Singapore
  18. ^ ′Samsung Business Excellence Award – Fine Dining′ at the Epicurean Star Award 2011, Taste Paradise on the Restaurant Association of Singapore

External links

This page was last edited on 11 March 2024, at 04:57
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