Ktl Group: KTL Global sells 2 loss-making units to chairman's family for S$10,000

OFFSHORE and marine equipment dealer KTL Global on Thursday said it has agreed to sell its wholly-owned subsidiaries, KTL Offshore and KTL Investment, to Teck Leong Pte Ltd, a company controlled by the family of KTL Global's executive chairman Tan Tock Han, for S$10,000.