Author: audralort257

OOWAY Group Seeks to Appoint New Board to Turn Around Kitchen Culture

OOWAY Group Ltd, the single largest shareholder, together with 7 other shareholders[1] of Kitchen Culture Holdings Ltd. has on 30 September 2022 informed the Company’s Board of the intention to convene an extraordinary general meeting of the Company (EGM) pursuant to Section 177 of the Companies Act[2]. The upcoming EGM seeks to remove 5 of the current Kitchen Culture’s Board of Directors and appoint 5 new members to the Board. Reference SGXNET 30 Sep 2022: https://tinyurl.com/mr5pxncr Reasons for Calling for EGM OOWAY Group emphasises that without a change in the current Kitchen Culture board, the value of Kitchen Culture’s 27.65% ... Read more