Ngin

Kitchen Culture's Extraordinary General Meeting (EGM) on 25 November 2022: 100% of eligible votes were cast in favour of all Resolutions

Retrieved on: 
Friday, November 25, 2022
Ngin, COVID-19, Communication, Annual, Earliest deadline first scheduling, Corporation, Relevant, Trust, Policy, Meeting, Extraordinary general meeting, EGM, 5-1-1, Companies Act, Treasury, New Board, Massachusetts business trust, Resolution, Companies Act 2006, Shareholder, Mass meeting, Holding company, Audit, Management, Security (finance)

Section 177 of the Companies Act 1967 permits 2 or more members holding at least 10% of the company's issued shares (excluding treasury shares) to call for a General Meeting.

Key Points: 
  • Section 177 of the Companies Act 1967 permits 2 or more members holding at least 10% of the company's issued shares (excluding treasury shares) to call for a General Meeting.
  • Mr Liu Yanlong reiterated "This EGM signifies a new dawn for Kitchen Culture and we hope for the new Board of Directors to breathe new life into the Company.
  • We value the trust and confidence you have placed in us, and we will do everything possible to meet and exceed your expectations.
  • With reference to paragraph 5(1) read with the First Schedule, the Company may convene, hold, conduct, whether wholly or partly, the Annual General Meeting, by electronic means.

Kitchen Culture's Extraordinary General Meeting (EGM) to be held on 25 November 2022, 9.00 a.m.

Retrieved on: 
Friday, November 18, 2022
Ngin, Proxy, Rule, Relevant, Catalist, United Kingdom company law, Business Time, Exercise, SGX, EGM, Publishing, Companies Act, Business, Holding company

The Relevant Shareholders advise shareholders of the Company ("Shareholders") not to be discouraged by any statement issued by the Company about the validity of the EGM or seeking to persuade them not to attend the EGM.

Key Points: 
  • The Relevant Shareholders advise shareholders of the Company ("Shareholders") not to be discouraged by any statement issued by the Company about the validity of the EGM or seeking to persuade them not to attend the EGM.
  • The EGM will proceed with or without the cooperation of the Company.
  • The Relevant Shareholders emphasize that there is no provision in the Company Constitution, Companies Act, or SGX Listing Manual that gives the Company the power to declare the EGM invalid.
  • Failure to do so is a breach of the Rule and unfairly disenfranchises Shareholders who wish to attend and vote at a general meeting.

Kitchen Culture's Extraordinary General Meeting (EGM) to be held on 25th November 2022, 9am

Retrieved on: 
Thursday, November 3, 2022
Ngin, Company, Failure, SGX, Article, Board of directors, Relevant, Acquisition, Leadership, Webcast, Language, Companies Act, Business Time, Exercise, Board, Time, Live, Intention, SRS, URL, Catalist, Notice, Stock dilution, Compliance, Director, Curriculum, Rule, Proxy, EGM, Letter, Association, Consent, Holding company, Security (finance), Internet service provider, Management, Public relations, Bank

SINGAPORE, Nov 3, 2022 - (ACN Newswire) - Relevant Shareholders[1] of Kitchen Culture Holdings Ltd. today announced that the new Extraordinary General Meeting of the Company (EGM) will be convened on 25th November 2022 at 9am.

Key Points: 
  • SINGAPORE, Nov 3, 2022 - (ACN Newswire) - Relevant Shareholders[1] of Kitchen Culture Holdings Ltd. today announced that the new Extraordinary General Meeting of the Company (EGM) will be convened on 25th November 2022 at 9am.
  • The Live EGM Webcast and the Live EGM Audio Feed has been arranged in place of a physical EGM.
  • The full notice of the EGM has been published on The Business Times on 3rd November 2022.
  • The EGM seeks to remove 5 of Kitchen Culture's current Board of Directors and to appoint 5 new members to the Board.

Kitchen Culture's Extraordinary General Meeting (EGM) on 1 November 2022 To Proceed as Planned

Retrieved on: 
Monday, October 24, 2022
Ngin, The Sunday Times, Company, SGX, Annual, The Straits Times, Board of directors, Culture, Catalist, Compliance, Relevant, Companies Act, CVS, Board, Meeting, Leadership, COVID-19, EGM, Havelock Road bombing, Intention, Massachusetts business trust, Earliest deadline first scheduling, Hotel, Publishing, Holding company, Management, Public relations

Relevant Shareholders had on 14 October 2022, at about 5pm, informed Kitchen Culture of the requisition of EGM;

Key Points: 
  • Relevant Shareholders had on 14 October 2022, at about 5pm, informed Kitchen Culture of the requisition of EGM;
    3.
  • Notice of EGM on a major local English newspaper was published on the 16 October 2022 edition of the Sunday Times.
  • This exemption was also applied in the previous Annual General Meeting of the Company held in March 2022.
  • This includes Provision for laying and production of documents at a general meeting of a listed company which can be via electronic means.

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

Retrieved on: 
Wednesday, October 12, 2022
Ngin, Accounting and Corporate Regulatory Authority, EGM, Technology, Sale, Growth, Director, Relevant, PTE, Board of directors, Company, Culture, Compliance, Companies Act, Acquisition, AI, ASEAN, Accounting, Board, Stock dilution, Big data, Intention, Nature, Artificial intelligence, Data lake, Holding company, Security (finance), Audit, Risk management, Online gambling, Management, Bank, Blockchain

- Single largest shareholder, OOWAY Group with 21.19% of the issued share capital of Kitchen Culture, together with 7 other minority shareholders seeks to convene EGM to appoint new Board

Key Points: 
  • - Single largest shareholder, OOWAY Group with 21.19% of the issued share capital of Kitchen Culture, together with 7 other minority shareholders seeks to convene EGM to appoint new Board
    - OOWAY Group sees change of Board as the only way for Kitchen Culture shareholders to unlock value of the 27.65% stake in OOWAY Technology Pte.
  • 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
    OOWAY Group emphasises that without a change in the current Kitchen Culture board, the value of Kitchen Culture's 27.65% stake in OOWAY Technology Pte Ltd (which is its most valuable asset) would be unrealised and ultimately wasted.
  • In August 2020, Kitchen Culture entered into a sale and purchase agreement and a shareholder's agreement with OOWAY Group to acquire a 30% equity stake in OOWAY Technology Pte.