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Raffles United Holdings (formerly: Kian Ho Bearings)
04-05-2018, 01:52 PM.
Post: #1
Raffles United Holdings (formerly: Kian Ho Bearings)
Investigations by the Commercial Affairs Department

Raffles United Holdings Ltd announced that the Company and its subsidiary, Kian Ho Pte Ltd ("KHPL"), have received a letter dated 2 May 2018 from the Commercial Affairs Department ("CAD") on an investigation into an offence under the Securities and Futures Act (Chapter 289, 2006 Revised Edition) pursuant to the provisions of the Criminal Procedure Code.

For the purpose of the investigation by CAD, the requested documents/information and IT equipment for the period 1 January 2015 to date, have been handed to CAD.
Specuvestor: Asset - Business - Structure.

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08-05-2018, 07:47 PM.
Post: #2
RE: Raffles United Holdings (formerly: Kian Ho Bearings)
(04-05-2018, 01:52 PM)cyclone Wrote: Investigations by the Commercial Affairs Department

Raffles United Holdings Ltd announced that the Company and its subsidiary, Kian Ho Pte Ltd ("KHPL"), have received a letter dated 2 May 2018 from the Commercial Affairs Department ("CAD") on an investigation into an offence under the Securities and Futures Act (Chapter 289, 2006 Revised Edition) pursuant to the provisions of the Criminal Procedure Code.

For the purpose of the investigation by CAD, the requested documents/information and IT equipment for the period 1 January 2015 to date, have been handed to CAD.

Raffles United Holdings Ltd refers to the announcement dated 4 May 2018 in relation to, inter alia, the investigations by the Commercial Affairs Department ("CAD") .

Further to the Prior Announcement, the Board wishes to announce that it has been informed that:
(i) Mr. Teo Teng Beng, the Managing Director of the Company, was interviewed by the CAD in relation to its investigations on 3 May 2018 and 4 May 2018;
(ii) Ms. Teo Xian-Hui Amanda Marie, an Executive Director and deemed substantial shareholder of the Company, was interviewed by the CAD in relation to its investigations on 2 May 2018;
(iii) Ms. Ho Hui Min, the Chief Financial Officer and Head, Corporate of the Company, was interviewed by the CAD in relation to its investigations on 2 May 2018, 3 May 2018 and 4 May 2018. Ms. Ho has provided a bond to report back to the CAD to assist in furtherinvestigations on 17 May 2018;
(iv) Mr. Koh Hai Yang, Business Development director of its principal subsidiary, Kian Ho Pte Ltd ("KHPL"), was interviewed by the CAD in relation to its investigations on 2 May 2018; and
(v) Mr. Kwek Che Yong, Adviser to KHPL and deemed substantial shareholder of the Company, was interviewed by the CAD in relation to its investigations on 2 May 2018.

Certain staff and ex-staff of the Group were also interviewed by the CAD in relation to its investigations on 2 May 2018.
Specuvestor: Asset - Business - Structure.

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17-05-2018, 05:02 PM.
Post: #3
RE: Raffles United Holdings (formerly: Kian Ho Bearings)
Further to the Prior Announcements, the Board wishes to announce that it has been informed that:
(i) Mr. Teo Teng Beng, the Managing Director of the Company, was interviewed by the CAD in relation to its investigations on 11 May 2018 and 15 May 2018. Mr. Teo has provided a bond to report back to the CAD on 31 May 2018 to assist further in its investigations;
(ii) Ms. Teo Xian-Hui Amanda Marie, an Executive Director and deemed substantial shareholder of the Company has provided a bond to report back to the CAD on 31 May 2018 to assist further in its investigations;
(iii) Ms. Ho Hui Min, the Chief Financial Officer and Head, Corporate of the Company, has provided an updated bond and has been requested to report back to the CAD on 31 May 2018 to assist further in its investigations;
(iv) Mr. Koh Hai Yang, an Executive Director and Business Development director of KHPL and Mr. Teo Teng Ho, a former Consultant of the Company and brother of Mr. Teo Teng Beng, have each been requested by the CAD to provide a bond; and
(v) Ms. Michelle Ibanez Gonzales, an Administrative Accounts Executive of KHPL, has been requested to report back to the CAD on 25 May 2018 to assist further in its investigations.

The passports of Mr. Teo Teng Beng, Ms. Teo Xian-Hui Amanda Marie, and Ms. Ho Hui Min were released by the CAD following the provision of the bonds for the purposes of overseas travel.
Specuvestor: Asset - Business - Structure.

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