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Kitchen Culture
Company in the news
Kitchen Culture seeks to move forward from ‘troubled history’
The company has appointed five new directors who will "move the company forward" and address and resolve its legacy issues.
July 24, 2023
Regulatory Action
Kitchen Culture found to have potentially breached listing rules according to special audit report: SGX RegCo
The report by Deloitte covered the alleged payroll irregularities and unauthorised fund transfer by the company in 2021.
July 24, 2023
Company in the news
Kitchen Culture unwinds US$480,010 in unapproved payments; CAD report lodged against interim CEO
Kitchen Culture noted that “formal board approval was not obtained before execution of the transactions and the transfer”.
September 29, 2021
Company in the news
Kitchen Culture files lawsuit against former CEO to recover $520,000
The legal action follows as July 31 announcement that the company has lodged a report with the CAD
August 10, 2021
Company in the news
Kitchen Culture refutes outgoing CEO Lim's statement on his termination
The company has since appointed an interim CEO to take over Lim's duties.
July 14, 2021
SGX query
Kitchen Culture discloses internal control review on cash management in response to SGX query
Advisory firm Baker Tilly had been appointed by the audit committee in March to undertake an internal control review.
June 23, 2021
SGX query
Kitchen Culture's 22.9% share price hike prompts SGX query
Kitchen Culture was also the third-most traded counter in terms of volume on the SGX today.
June 22, 2021
Kitchen Culture chairman Lim pares stake; Hong Fok CEO raises stake
Executive chairman of Kitchen Culture Lim Wee Li pares stake in married deal; Hong Fok joint CEO Cheong Sim Eng raises stake.
December 04, 2020
Management & Corporate Governance
New Silkroutes Group and former executive director Oo under CAD probe
Teho International named Oo's involvement in the CAD probes
September 27, 2020
Regulatory Action
SGX RegCo slaps 'trade with caution' warning on Kitchen Culture
The same group of traders are behind unusual price movements of Mirach Energy last year
August 17, 2020