Brief: KLW Holdings updates on issuance of writ of summons and investigation by CAD
26/11/2015 24:03
Nov 26 (Reuters) - KLW Holdings Ltd KLWH.SI : * General announcement KLWH.SI * Has withdrawn action filed against Chan Ewe Teik for the repayment of $7 million * Says Felicia Ngo and Daniel Wu were interviewed by the commercial affairs department * 25 November, company filed writ of summons and statement of claim against straitsworld advisory limited and chan in high court of Singapore * Says commercial affairs department has not disclosed to the company any further details on its investigations * Interview by the commercial affairs department in connection with cad's investigation into possible offence(s) under the securities and futures act * Says the business and operations of the group are not affected by the investigations * Source text for Eikon ID:nSNZkTgZb ((For more news, please click here KLWH.SI )) ((Bengaluru Newsroom; +91 80 6749 1130))