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KTL Global
14-12-2017, 06:34 PM. (This post was last modified: 14-12-2017, 06:36 PM by cyclone.)
Post: #1
KTL Global
Order by Monetary Authority of Singapore to Company for Provision of Documents and Information

KTL Global Limited  announced that it has received a notice dated 14 December 2017 from the Monetary Authority of Singapore (the "MAS") which states that an investigation is being conducted into an offence under the Securities and Futures Act, Chapter 289 pursuant to the provisions of the Criminal Procedure Code (Chapter 68, 2012 Revised Edition).

For the purposes of its investigation, the MAS has requested access to the following documents and information concerning the Group :

1. details of all local and overseas bank accounts held by the Group, and bank accounts statements from 1 August 2014 to 31 December 2015;

2. all accounting documents and books of the Group from 1 August 2014 to 31 December 2015, including but not limited to, the management accounts and ledger of the Company, KTL Offshore Pte. Ltd. and KTL Offshore Technology (Nantong) Co. Ltd, and any supporting invoices, receipts and vouchers;

3. all accounting records relating to the proceeds raised by the Company from the private placement deal with Infinity Global Consultancy Pte Ltd on 10 March 2015 and its usage, including any supportive invoices, receipts or vouchers; and

4. any other relevant documents.
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26-07-2018, 02:02 PM.
Post: #2
RE: KTL Global
Order by Commercial Affairs Department to the Company for Provision of Documents and Information

KTL Global Limited yesterday announced that the Company has received a notice dated 25 July 2018 from the Commercial Affairs Department (the "CAD") which states that an investigation is being conducted into an offence under the Penal Code, Chapter 224 pursuant to the provisions of the Criminal Procedure Code (Chapter 68, 2012 Revised Edition).

For the purposes of its investigation, the CAD has requested access to certain documents and information concerning the Company, its subsidiaries, including joint venture and associated companies, including documents, correspondence and accounting records pertaining to certain transactions, and corporate emails belonging to and IT equipment used by certain management staff.

The Company’s chief financial officer was interviewed by the CAD in relation to its investigations yesterday.
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