“The CAD is now in possession of the relevant documents provided by the company to assist in its investigations,” states non-executive chairperson Hao Dongting in a July 31 filing.
The board of Kitchen Culture Holdings has on July 30 filed a report with the Commercial Affairs Department over suspected “payroll irregularities” of some $520,000 paid to two former employees.
The two individuals, who were not named, used to work for the company’s subsidiary KHL Marketing Asia-Pacific.
