KTL Global

Company in the news

KTL Global to make no exit offer following ‘dire financial situation’

As at June 30, KTL Global has only approximately $650 in cash and bank balances.
Former KTL Global CEO Tan Kheng Yeow sentenced to eight months’ imprisonment for false trading - THE EDGE SINGAPORE

Regulatory Action

Former KTL Global CEO Tan Kheng Yeow sentenced to eight months’ imprisonment for false trading

Tan still faces two other charges of cheating and dishonesty including inducing delivery of property.

Markets

The not-so-great pivot

Companies in Singapore have diversified and pivoted their businesses following the pandemic, to a host of mixed results.
KTL Global signs collaboration agreement with Taiwanese partners to establish food supply chain network - THE EDGE SINGAPORE

Deals, joint ventures & alliances

KTL Global signs collaboration agreement with Taiwanese partners to establish food supply chain network

Through the partnership, KTL Global will distribute fresh produce and consumer products from Taiwan across Southeast Asia.
KTL Global ventures into lab-grown diamonds through collaboration agreement - THE EDGE SINGAPORE

Company in the news

KTL Global ventures into lab-grown diamonds through collaboration agreement

The agreement was signed by KTL Global’s wholly-owned subsidiary, Gold Heartland.
KTL Global to supply fresh produce and undertake urban farming initiatives in Singapore with new partnership - THE EDGE SINGAPORE

Contracts

KTL Global to supply fresh produce and undertake urban farming initiatives in Singapore with new partnership

Tianci Agritech has signed an agreement with a subsidiary of Shuifa Group
Sanli’s former director sells shares;KTL Global shareholder Tan, wife load up - THE EDGE SINGAPORE

Sanli's former director sells shares; KTL Global shareholder Tan, wife load up

In the past couple months, Sanli has been steadily buying back its own shares.
Mercurius Capital JV aims for 500 groceries in resilient food and consumer staples businesses - THE EDGE SINGAPORE

Company in the news

Mercurius Capital JV aims for 500 groceries in resilient food and consumer staples businesses

Mercurius adds to the growing list of Singapore-listed companies going back to the basics: growing a consumer staples business
KTL Global's CEO resigns  - THE EDGE SINGAPORE

Company in the news

KTL Global's CEO resigns

The board says it is currently looking for Liu’s replacement.
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