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MAS requests KTL Global CEO to surrender passport
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.