Chef Violet Oon Rejects Businessman’s S$6M Offer To Buy Out Company, Takes Him To Court

Peranakan Cuisine Chef Violet Oon Takes Business Partner Manoj Murjani To Court

Renowned Peranakan cuisine chef Violet Oon is now battling her business partner of nine years, Manoj Murjani, in court.

The culinary doyenne and her family took legal action against the latter after rejecting his S$6 million offer to buy them out.

The family alleges that the businessman made “commercially unfair” decisions, and attempted to write the narrative that he was a co-founder of Oon’s eponymous brand.

Violet Oon & business partner Manoj Murjani battling in court

The Straits Times (ST) reported that Ms Oon had given Mr Murjani’s holding company Group MMM a 50% stake of her company in 2014.

Meanwhile, Ms Oon owns 20% of the company and her two children, Ms Tay Su-Lyn and Mr Tay Yiming, each hold a 15% stake.

“The company represented Ms Oon’s life’s work and the claimants’ collective dream,” said the family’s legal representative, Ms Meryl Koh.

“Within just three months of meeting him, they gave half of all that to Mr Murjani, believing that he too shared their dream and that he could help them realise it.”

According to ST, Ms Oon and her children did not have any employment contracts and discussions happened over group chats.

The family claimed in court that they had expected to share an even financial responsibility with Mr Murjani.

They also believed the latter would provide funds and mentorship to help the company expand.

However, the businessman failed to meet their expectations. He allegedly only contributed an additional $400,000 loan on top of a capital injection of $750,000 to match the family’s.

Murjani allegedly tried to make himself co-founder & alter brand story

Their relationship started to sour in Nov 2017, when Mr Murjani tried insert himself into the brand narrative as a co-founder of the company.

The Business Times reported that the businessman had written an email to Ms Oon, suggesting that his name be put before hers and her children’s on the company website when listing the parties involved in their partnership.

Ms Oon noted that she perceived his request as a personal attack.

The founder explained,

I objected to the fact that his name came first, to be honest, because we formed the business and the brand and the company. The brand was rooted in me.

Ms Oon later confronted Mr Murjani in a meeting around Oct 2018 for attempting to rewrite the company’s history and belittling the Oon family.

She wrote, “Yes, you have played a big part in rebranding it, and making the brand a success, but you do not own me, and you have not bought us out.”

Murjani accused Oon family of overpaying themselves

Following their first falling out, more cracks started forming in the business partners’ relationship.

ST reported that the businessman accused the family of over-paying themselves, after they increased their salaries from 2014 to 2018.

Ms Oon’s salary increased from S$5,000 a month in 2014, to S$8,000 a month in 2018.

Ms Tay and Mr Tay, on the other hand, saw increases from S$1,000 per month to S$5,000 a month, and S$4,500 per month to S$8,000 a month respectively.

According to the family’s lawyer, the values were in line with prevailing market rates at the time.

However, Mr Murjani allegedly began inflating the overpayment figure and even threatened to sue them and shut down the company.

Violet Oon allegedly pressured into signing agreement favouring Murjani

The businessman apparently then pressured the family into signing an agreement in Feb 2019.

The agreeement detailed that:

• The Violet Oon company owed Group MMM a S$1.55mil loan
• Ms Oon and Ms Tay were expelled from the board
• Mr Murjani was appointed Chief Executive and Chairman of the board

Additionally, the company was expected to pay him a monthly salary of S$21,000.

Family refused Murjani’s S$6mil offer, takes him to court

The family took legal action against Mr Murjani in 2022, hoping to buy him out.

In April, the latter in turn offered to buy the family out for S$6mil, provided that the family agreed to forgo the use of the “Violet Oon” name in the future.

The family refused his offer, prompting the current trial.

Mr Murjani’s lawyer asserted that his client’s offer was “more than reasonable”. He additionally suggested that the family was trying to squeeze Group MMM out “at as lowball a price possible”.

Mr Murjani also rebutted Ms Oon’s claims that she signed the 2019 agreement under duress.

He instead claimed that they made the agreement “in the spirit of amicably moving forward” and to further develop the company together.

Mr Murjani additionally denied threatening legal action, claiming the “loan” outlined in the agreement was an agreed solution to resolve the issue of the family’s overpaid salaries.

Ms Oon and her children are now seeking a court order. They hope the court will allow the family to buy Group MMM’s shares, at a price determined by the court or a court-appointed valuer.

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Featured image adapted from PinkyPiggu and Violet Oon Singapore. Image on the left for illustration purposes only.