Law of Singapore

Kitchen Culture Says Notices Filed to Correct Attempts By Director to Change ACRA Records of 5 Fellow Directors, Company Secretary and Address After Purported EGM That Has Been Deemed Invalid

Retrieved on: 
Monday, December 5, 2022
Singapore, Executive, Person, Interim, SGX, Accounting, Record, Culture, New Board, Accounting and Corporate Regulatory Authority, Sponsor, EGM, Appointee, AIA Tower, S.A.C. Capital Advisors, ACN, Law of Singapore, Annual, ACRA, Uncertainty, TEL, Annual general meeting, Audit, Toy, Court

Alternatively, they can issue fresh and compliant notices and other documents to call for a fresh EGM.

Key Points: 
  • Alternatively, they can issue fresh and compliant notices and other documents to call for a fresh EGM.
  • Many shareholders have also said they had not received the notices calling for the meeting.
  • However, Kitchen Culture has taken swift action to file corrective notices with ACRA.
  • Shares of the SGX Catalist-listed provider of kitchen and bathroom solutions have been suspended from trading since July 2021.

Kitchen Culture Says 5 Directors Will Remain on its Board as Purported EGM Held Last Friday Is Invalid; Asks Requisitioners to Put Matters Before Singapore Court

Retrieved on: 
Monday, November 28, 2022
Law of Singapore, TEL, Annual, Sponsor, Extraordinary general meeting, Executive, Singapore, Lawyer, Court, AIA Tower, Interim, S.A.C. Capital Advisors, EGM, Annual general meeting, Confusion, Superseded theories in science, New Board, Documentation, Uncertainty, Companies Act 2006, Person, Real estate, Toy

Instead, the Company deems the meeting and resolutions purportedly passed to be invalid, and has asked the requisitioners to put the matter before the Singapore Court.

Key Points: 
  • Instead, the Company deems the meeting and resolutions purportedly passed to be invalid, and has asked the requisitioners to put the matter before the Singapore Court.
  • Instead, the requisitioners were "... creating and maintaining uncertainty and confusion by claiming success of the 'New Board" through press releases and the media.
  • The requisitioners appeared to have rushed to issue their 25 November press release "without bothering to inform the Company of such status."
  • Shareholders are advised to refer to and compare against announcements and press releases of the Company," Kitchen Culture said.

CS Victims: New "Anti-Record" by Credit Suisse and continues its campaign of political pressure

Retrieved on: 
Monday, May 16, 2022
History, Credit Suisse, Bank, Plaintiff, Law of Singapore, Failure, Trustee, Behavior, Trust, Face, Singapore, Life insurance, Online gambling

Moreover, this leads us to believe that Credit Suisse is seeking to use political pressure as a means to damage Mr. Ivanishvili's reputation and should be qualified as such.

Key Points: 
  • Moreover, this leads us to believe that Credit Suisse is seeking to use political pressure as a means to damage Mr. Ivanishvili's reputation and should be qualified as such.
  • That said, we find it extraordinary that Credit Suisse is continuing to fail in its duties and disrespect clients when the Bank continues to face so many problems.
  • While Credit Suisse is in a process of a new "anti-record", it should also be said that breaching the rights of the client by Credit Suisse is continuing in the Swiss courts.
  • A further release will follow on Wednesday to provide detail on how Credit Suisse uses the judiciary to go against established legal norms and banking standards.