NEW TECHNOLOGY HORIZONS
Listed on the SGX-Catalist in 2011, Kitchen Culture Holdings Ltd. (“Kitchen Culture” or the “Company”, and together with its subsidiaries, the “Group”), has a diversified business model with two core business segments, fintech and distribution of high-end kitchen systems.
To harness the burgeoning opportunities in the digital economy, Kitchen Culture acquired a 30% equity stake in the Big Data & Artificial Intelligence integrated solutions provider, OOWAY Technology Pte. Ltd (“Ooway Technology”). Ooway Technology is part of the Ooway Group, a substantial shareholder of Kitchen Culture, that was co-founded by legendary investor Jim Rogers and led by a team comprising AI talents and data scientists from the UK, Southeast Asia and China. OOWAY Technology is principally engaged in the establishment of the Credit 3.0 platform in China named Behaviour Model of Association Risk System (“bMARS®”), which utilises machine learning and artificial intelligence to quantify corporate behaviour into credit value. bMARS® is currently being used to provide credit rating services and credit management services for importers and exporters in ASEAN.
In our other business segment, Kitchen Culture ranks among Singapore’s leading distributors of high-end kitchen systems, kitchen appliances, wardrobe systems, bathroom furniture, household furniture and kitchen accessories from Europe. Backed by more than 29 years of experience and track record in the business, Kitchen Culture has established itself as a premier kitchen solutions provider for discerning and well-heeled consumers in Singapore, China, Hong Kong and Malaysia.