KTL GLOBAL LIMITED

(Company Registration No. 200704519M)

(Incorporated in the Republic of Singapore)

VOLUNTARY TRADING SUSPENSION

The Board of Directors (the "Board" or the "Directors") of KTL Global Limited (the "Company", and together with its subsidiaries, the "Group") refers to its announcements dated 10 August 2021 and 15 August 2021 ("Trading Halt Announcements") in respect of the Company's trading halt on 10 August 2021 and extension thereof until 5.00 p.m. of 16 August 2021 to prepare and finalise the release of an announcement in relation to a report received by the Audit Committee from its statutory auditors ("Report").

As the Company requires more time to prepare an announcement to provide an update on the Report, the Company has accordingly requested for the trading halt to be converted into a voluntary suspension.

The Company will release the update announcement as and when appropriate and intends to request for the lifting of the trading suspension after such announcement has been made.

In addition, the Company wishes to assure its shareholders ("Shareholders") that as and when there are material developments, it would make appropriate announcements on the SGXNET in a timely manner to update all Shareholders.

Shareholders, stakeholders and potential investors of the Company are advised to read this announcement and any further announcements made by the Company carefully. Shareholders, stakeholders and potential investors of the Company should consult with their financial, tax or other advisers if they have any doubt about the actions they should take.

BY ORDER OF THE BOARD

Chin Teck Oon

Executive Director

17 August 2021

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KTL Global Limited published this content on 17 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 August 2021 00:12:04 UTC.