5 12 月, 2022

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

SINGAPORE, Dec 5, 2022 - (ACN Newswire via SEAPRWire.com) - Kitchen Culture Holdings Ltd. ("Kitchen Culture" or the "Company") said today that it had filed notices to correct attempts by a director, Madam Hao Dongting ("Mdm Hao") - who is intricately linked to its largest shareholder that has made a second invalid attempt to remove 5 of her fellow board members - to change records of the secretary, office bearers and address of the Company as registered with the Accounting and Corporate Regulatory Authority ("ACRA").It said that Mdm Hao and 5 persons seeking to replace 5 current directors are circumventing the need to go through "proper and required legal processes" to determine the validity of a purported extraordinary general meeting ("Purported EGM") held by electronic means on 25 November 2022.Kitchen Culture has repeatedly asked the 8 requisitioners led by its largest shareholder OOWAY Group Ltd. ("OOWAY Group") - of which Mdm Hao is a substantial shareholder and director - to bring the matter of the validity of the Purported EGM before a Singapore Court. Alternatively, they can issue fresh and compliant notices and other documents to call for a fresh EGM.The Company deems the meeting to be invalid as requisitioners had not sent valid notices, while 5 persons they sought to appoint (the "5 Purported Appointees") were ineligible for election in the first place as they had failed, neglected or refused to submit relevant documents on time, even assuming that it was a valid general meeting.The Company has also received many emails and calls from shareholders voicing frustration that the requisitioners had proceeded with the Purported EGM and announced "the results" in a press release issued on ACN newswire the same day. Many shareholders have also said they had not received the notices calling for the meeting.The requisitioners have yet to respond to the Company's request to bring the matter to Court. Instead, in recent days, Mdm Hao, on behalf of the "new board" supposedly comprising herself and the 5 Purported Appointees, appears to have been contacting or attempting to contact the Company's professional firms to replace the incumbent Company Secretary with 2 others and to change the registered office to the latter's.The "new company secretaries", without waiting for a determination by the Singapore Court or informing the incumbent Company Secretary or the Directors, proceeded to file these changes online with ACRA. However, Kitchen Culture has taken swift action to file corrective notices with ACRA.In any case, these are matters which shall be effected according to resolutions properly passed by shareholders or the proper Directors, the Company said. "The filing of any such 'changes' does not have any substantive effect on the legality - or, for the matter, the invalidity - of the removals, appointments, or change of registered office.""The Directors (other than, of course, Mdm Hao) view these actions to be extremely disruptive of and interfere with the orderly conduct of the business and affairs of the Company, to create uncertainty and sow confusion, as well as are unlawful," Kitchen Culture said. The 5 Purported Appointees proposed by the requisitioners are James Beeland Rogers, Jr., Yip Kean Mun, Lam Kwong Fai, Tan Meng Shern and Cheung Wai Mun. The Requisitioners comprise OOWAY Group and 7 individuals who own an aggregate of 21.71% of the Company's shares.Kitchen Culture's Board, with the exception of Mdm Hao, has said that there are no grounds to justify the resignations of 5 current directors - Mr Lim Wee Li (Executive Director), Mr Lau Kay Heng (Non-Executive Non-Independent Chairman), and 3 Independent Directors, Mr Ang Lian Kiat, Mr William Teo Choon Kow and Mr Peter Lim King Soon. Mr Lau Kay Heng and Mr Peter Lim King Soon were named as new directors on 15 July 2022, the same day that Mr Lincoln Teo, an OOWAY Group's representative and former Interim CEO of Kitchen Culture, ceased to be Executive Director. The Company has stressed that OOWAY Group had supported the re-appointments of Mr William Teo Choon Kow and Mr Ang Lian Kiat at the Annual General Meeting held on 18 March 2022.Shares of the SGX Catalist-listed provider of kitchen and bathroom solutions have been suspended from trading since July 2021. Its Board has seen several changes since the involvement of OOWAY Group in October 2020. Issued by:Kitchen Culture Holdings Ltd.9 Raffles Place, #52-02, Republic PlazaSingapore 048619 Tel: +65 6471 6776, Fax: +65 6472 6776Media & Investor Contact Whatsapp (Text): +65 9748 0688 kitchenculture@wer1.netThis press release has been reviewed by the Company's sponsor, SAC Capital Private Limited (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "SGX-ST") and the SGX-ST assumes no responsibility for the contents of this press release, including the correctness of any of the statements or opinions made or reports contained in this press release.The contact person for the Sponsor is Ms. Lee Khai Yinn (Tel +65 6232 3210), at 1 Robinson Road, #21-00 AIA Tower, Singapore 048542.Kitchen Culture Holdings Ltd. [SGX: 5TI] [BBG: KCH:SP] [RIC: KCHL.SI] https://kcholdings.com.sg Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

12 5 月, 2021

MOT deputy secretary Han Kok Juan to helm civil aviation authority from Aug 2

SINGAPORE - A new director-general will helm the Civil Aviation Authority of Singapore (CAAS) from Aug 2. The Ministry of Transport (MOT) said on Wednesday (May 12) that Mr Han Kok Juan, who is currently deputy secretary at the ministry and senior deputy-director general at CAAS, will take on the role. He will be appointed first as director-general designate at CAAS from June 1 to Aug 1. The 47-year-old will replace Mr Kevin Shum, 50, who has headed CAAS since Aug 2, 2015. Mr Shum will be posted to Mr Han's former role as a deputy secretary of transport. Mr Han has been the deputy secretary at MOT since September 2019. MOT said he has helped to advance the ministry's agenda in aviation, maritime and international relations, among other issues. He is also credited with playing a key role in coordinating the transport sector's response to the Covid-19 pandemic. Before his appointment at MOT, Mr Han was the deputy secretary in the Law Ministry from November 2015 till September 2019. Among his contributions there were leading a team to support the Parliamentary Select Committee on Deliberate Online Falsehoods. Mr Han studied at the University of Oxford in the United Kingdom, where he graduated with a Bachelor of Arts in Philosophy, Politics and Economics. He later obtained a Masters in Public Administration from the Peking University in China. On Mr Shum, MOT said he led the Changi air hub to new heights during his time at CAAS. This is illustrated by Changi Airport reaching an all-time high of 68 million passengers in 2019, and Singapore Airlines carrying a record 36 million passengers to 136 destinations. Changi Airport Terminal 4 and Jewel Changi Airport were also opened on his watch. MOT said Mr Shum had worked with the aviation sector to innovate and invest in technology. He had also overseen significant enhancements to Singapore's air traffic management system. "Under his watch, the safety record was exemplary," said MOT. "Employment and productivity increased during the period." The ministry lauded his role in strengthening Singapore's profile and contributing to the development of the international aviation regulatory regime. For example, he had chaired international committees and contributed to multilateral efforts to revive the international air transport sector amid the Covid-19 pandemic, said MOT. "The Ministry of Transport would like to put on record its appreciation to Mr Kevin Shum for his significant contributions in his six years as the Director-General of CAAS," MOT added.

4 5 月, 2021

US Defence Secretary Lloyd Austin to speak in person at Shangri-La Dialogue in early June

SINGAPORE - United States Secretary of Defence Lloyd Austin will participate in the annual Shangri-La Dialogue from June 4 to 5 and speak on the US' Indo-Pacific strategy, the Pentagon announced early on Tuesday (May 4). The summit's London-based organiser, the International Institute for Strategic Studies (IISS), added that this will mark Mr Austin's first trip to South-east Asia, and that on top of delivering an on-the-record speech, he will also be conducting bilateral and multilateral meetings on the sidelines. Cancelled in 2020 because of the pandemic, the Shangri-La Dialogue resumes this year as an in-person gathering of high-level defence policymakers from around the world, with an event "bubble" centred on the Singapore hotel it is named after. Mr Austin tweeted that the event will be a "great" opportunity to discuss security challenges facing the Indo-Pacific. IISS-Asia executive director James Crabtree said on the same platform that a host of ministers from Asia, Europe and the Middle East are confirmed speakers at the event in Singapore. The names of other speakers and attendees were not immediately available, although IISS said more details will be shared in the coming weeks. Last Tuesday (April 27), during their first bilateral meeting, Defence Minister Ng Eng Hen invited his Malaysian counterpart Ismail Sabri Yaakob to attend the dialogue. Dr Ng had an introductory telephone conversation with Mr Austin on March 3. Dr Ng said then that he looked forward to working closely with Mr Austin to ensure continued stability, peace and progress in the region, while the Pentagon chief expressed appreciation for the regional access that Singapore provides to US forces. Mr Austin is a former four-star general who oversaw US military operations in the Middle East under then President Barack Obama. His nomination by current US leader Joe Biden, and subsequent confirmation in January this year, made him the first African American secretary of defence. I’m looking forward to attending the @IISS_org Shangri-La Dialogue in Singapore in June. It’ll be my first trip as Secretary to Southeast Asia, and it’ll be a great opportunity to discuss security challenges facing the Indo-Pacific. #FreeAndOpenIndoPacific https://t.co/uOZ4O6gGq7— Secretary of Defense Lloyd J. Austin III (@SecDef) May 3, 2021 More on this topic Related Story Pentagon chief Lloyd Austin sees Asia ties as deterrent against China Related Story Next major war will be 'very different', US defence secretary says

9 2 月, 2021

Former US Secretary of State George Shultz belonged to a generation of great US statesmen: PM Lee

SINGAPORE - Former United States Secretary of State George Shultz, who died last Saturday (Feb 6) aged 100, belonged to a generation of great American statesmen and played a major role in bringing the Cold War to a peaceful end, said Prime Minister Lee Hsien Loong. In a condolence letter on Monday to Mr Shultz's wife, Mrs Charlotte Mailliard Shultz, PM Lee wrote that the former chief diplomat's distinguished years of service to his country, spanning three presidencies where he served in four different cabinet positions, was "defined by his deep commitment and dedication in service of his country". Mr Shultz, who was the 60th secretary of state from 1982 to 1989 under president Ronald Reagan, played a major role in shaping the post-Cold War international order as the US' chief diplomat, added PM Lee. "George was a trusted friend of Singapore. Our views were aligned on many issues, especially in seeing the value of a strong US security and economic presence in Asia. "Where we had occasion to differ, George was professional in representing US national interests, but remained a good friend to us." Mr Shultz was a very close friend of Singapore's founding prime minister and his father Lee Kuan Yew, said PM Lee in the letter released by his office. The two had known each other since 1973. They met in person for the last time in November 2013, when Mr Lee Kuan Yew hosted a private meal for Mr Shultz when the American visited Singapore to attend a meeting on nuclear threats. PM Lee said in his letter to Mrs Shultz: "I have been honoured to meet George myself many times, both in the US and in Singapore. I warmly remember when both of you hosted Ho Ching and me to dinner, at your town flat on Russian Hill in 2007. "George kindly brought together a distinguished group of guests, and we had a lively discussion." Mr Shultz not only had a long and successful career in government, but also in business and academia, said PM Lee. Before joining the Reagan administration, Mr Shultz served in senior positions under president Richard Nixon, who made him labour secretary, the first director of the White House Office of Management and Budget and treasury secretary. He had been active as a distinguished fellow of the California-based think tank Hoover Institution after retirement, speaking and writing on pressing global issues, such as nuclear weapons and climate change. PM Lee said: "Many countries around the world, including Singapore, paid attention. This was not just for his wisdom and good sense, but also because his was a voice that represented the best of a respected and trusted America. "George's life and service will remain a profound inspiration to all. His deep and lasting imprint, in America and on the global stage, is an enduring legacy which will be deeply missed." More on this topic Related Story George Shultz, US secretary of state who helped usher out Cold War, dies at 100 Related Story 4 very powerful friends: Lee Kuan Yew, Helmut Schmidt, Henry Kissinger, George Shultz