Kitchen Culture unwinds US$480,010 in unapproved payments; CAD report lodged against interim CEO

September 30, 2021 9:14 AM

SINGAPORE (THE BUSINESS TIMES) – Embattled household furniture and accessories distributor Kitchen Culture Holdings said it is unwinding the transfer of US$480,010 (S$653,678) by subsidiary KC Technologies to participate in a scheme to provide support to e-commerce merchants.

Source : http://www.straitstimes.com/business/companies-markets/kitchen-culture-unwinds-us480010-in-unapproved-payments-cad-report-lodged