MAS requests KTL Global CEO to surrender passport
Anita Gabriel
DeeperDive is a beta AI feature. Refer to full articles for the facts.
KTL Global's chief executive officer Tan Kheng Yeow has been interviewed by the Monetary Authority of Singapore (MAS) and asked to surrender his passport.
In an announcement, KTL said that it understood from Mr Tan that the investigation relates to possible offences under Section 197 of the Securities and Futures Act (Chapter 289).
The company said that it will make further announcements as and when necessary.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result