Several Raffles United executives to report back to CAD for further investigations

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SINGAPORE (June 19): Raffles United Holdings, formerly known as Kian Ho Bearings, said several top executives interviewed by the Commercial Affairs Department (CAD) have to report back to the white-collar crime division for further investigations.

Managing Director Teo Teng Beng was interviewed by CAD on June 12 and June 14, while CFO Ho Hui Min was interviewed on June 6.

In addition, Koh Hai Yang, executive director and business development director of KHPL, and Kwek Che Yong, adviser to KHPL and deemed substantial shareholder of Raffles United, have to report back to...(click on link for full story on