Lead ID of Kitchen Culture Writes to Shareholders Expressing Concerns About Major Shareholder OOWAY Group Which is Leading Second Attempt to Call for EGM To Remove 5 Directors
Lead ID of Kitchen Culture Writes to Shareholders Expressing Concerns About Major Shareholder OOWAY Group Which is Leading Second Attempt to Call for EGM To Remove 5 Directors

SINGAPORE, Nov 23, 2022 – (ACN Newswire via SEAPRWire.com) – The Lead Independent Director (“Lead ID”) of Kitchen Culture Holdings Ltd. (“Kitchen Culture” or the “Company”), in a letter to shareholders today, has expressed concerns about promises made to the Company by its largest shareholder, OOWAY Group Ltd. (“OOWAY”), which is leading a second attempt... » read more

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

SINGAPORE, Oct 12, 2022 – (ACN Newswire via SEAPRWire.com) – 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... » read more

Kitchen Culture’s business transformation at risk – funds raised not accounted for
Kitchen Culture’s business transformation at risk – funds raised not accounted for

SINGAPORE, Apr 21, 2022 – (ACN Newswire via SEAPRWire.com) – As the single largest shareholder of Kitchen Culture Holdings Ltd. (“Kitchen Culture”) with a 21.19% stake, OOWAY Group Ltd. (“OOWAY Group” or the “Group”) shares the frustration of many shareholders who raised concerns over matters of internal controls and governance ahead of Kitchen Culture’s recent... » read more