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Violet Oon reach out-of-court settlement with business partner

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FOOD AND DRINK Nyheter

RESTAURANTS/EATERIES,Peranakan Food,FOOD AND BEVERAGE SECTOR

Luxury and lifestyle company Group MMM and its director Manoj Murjani said they have reached an out-of-court settlement to end their business partnership with Peranakan cooking doyenne Violet Oon and her children. Mr Murjani, 54, had bought a 50 per cent share in Ms...

Luxury and lifestyle company Group MMM and its director Manoj Murjani said they have reached an out-of-court settlement to end their business partnership with Peranakan cooking doyenne Violet Oon and her children.

In a statement, he said the two parties had “reached an out-of-court settlement to end our partnership of the better part of a decade”. Ms Oon, 75, owns 50 per cent of the business with her children, Ms Tay Su-lyn and Mr Tay Yiming. Ms Oon and her children brought a shareholder oppression suit against Mr Murjani and Group MMM. They asked the court to grant an order for them to buy Mr Murjani’s 50 per cent stake in Violet Oon Inc, or for the company to be wound up.

 

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