Kitchen Culture breaches Catalist rule, fails to file financial statements by deadline
Tay Peck Gek
Published Sun, Mar 12, 2023 · 05:47 PM
KITCHEN Culture has contravened listing rules when it failed to release its unaudited financial statements for FY2022 by Mar 1, following the Singapore Exchange’s (SGX) decline of its request for an extension till Mar 31.
A filing by the embattled Catalist-listed outfitter of kitchens last Friday (Mar 10) noted that SGX rejected its request last Thursday because there were no extenuating reasons for the postponement.
Kitchen Culture, embroiled in a boardroom tussle, is to take immediate action to announce the statements for FY2022 as soon as possible and to hold its annual general meeting by Apr 30.
Shares of Kitchen Culture have been suspended from trading since July 2021.
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