Culinary icon Violet Oon and children take legal action to buy out business partner
SINGAPORE – Local culinary doyenne Violet Oon and her children Tay Yiming and Tay Su-Lyn have commenced legal proceedings to buy out the stake that luxury and lifestyle company Group MMM has in its restaurant business.
The partnership was inked in 2014, and Oon and her children are 50 per cent shareholders of Violet Oon Inc.
Since then, the brand has expanded into its three outlets at Ion Orchard, Jewel Changi Airport and National Gallery Singapore. Violet Oon Inc’s first restaurant, which started in 2012 in Bukit Timah, has since closed.
According to a Business Times article, Group MMM – owned by Hong Kong-born businessman Manoj M. Murjani – said it disagreed with the various allegations in the legal action commenced by Oon, 73, and her family.
The group said that all necessary actions would be taken to protect and defend its legal rights, and that it would address the substance of the allegations at the appropriate forum, which includes filing of its defence by Nov 8.
The case is set to be heard in the High Court on Friday.
On their plans moving forward, Oon and her family said in a statement to The Straits Times that their restaurants would continue to provide the best service and quality.
They added: “The Violet Oon family’s mission has always been to preserve the heritage of Peranakan and Singapore food that Violet Oon represents, and the family will continue in this commitment through our restaurants.”
Culinary icon Violet Oon and children take legal action to buy out business partner. (2022, October 26). The Straits Times. https://www.straitstimes.com/life/food/culinary-icon-violet-oon-and-children-take-legal-action-to-buy-out-business-partner