Latest on singapore penny stock crash
Authorities in Singapore blame the so-called penny stocks crash for a slump in share trading volume on SGX in the first half of 2014 and a wider loss of confidence in Singapore’s financial markets. All of a sudden, on Oct 4 that year, the shares crashed by more than 90 per cent after a frenzied 40 minutes of trading, wiping billions of dollars in market value off the three firms. It sparked a sell-off in penny stocks on the Singapore Exchange (SGX). SGX suspended trading in their shares after the free fall, SINGAPORE (Mar 20): Goh Hin Calm, the “treasurer” for 2013 penny stock crash masterminds John Soh Chee Wen and Quah Su Ling, has been sentenced to serve three years in prison for aiding and abetting the duo in what is the largest-ever market manipulation case seen in Singapore. THE man accused of being behind the penny stock crash of 2013 was denied bail in a High Court hearing on Tuesday afternoon. John Soh Chee Wen was turned down by a lower court in an earlier bid for bail a year ago. Soh, 59, was deemed a flight risk at the time. He has been in remand since his arrest in November 2016. The Penny Stock Saga trial has begun. With John Soh and co-conspirator Quah Su-Ling facing 189 and 178 charges respectively, how will the prosecution and the defence counsels handle the case? The The alleged mastermind behind Singapore's penny stock crash in 2013 was served a fresh charge of witness tampering on Tuesday (13 February), in a case which has been regarded as the largest securities fraud in the nation's history.
SINGAPORE (Mar 20): Goh Hin Calm, the “treasurer” for 2013 penny stock crash masterminds John Soh Chee Wen and Quah Su Ling, has been sentenced to serve three years in prison for aiding and abetting the duo in what is the largest-ever market manipulation case seen in Singapore.
24 Oct 2013 Singapore's central bank and stock market operator are conducting an extensive review of recent share price volatility in three inter-linked 9 Jan 2019 A court case beginning in March next year will be closely watched as it seeks to get to the bottom of Singapore's penny stocks crash four years 25 Nov 2016 Singapore authorities charged three people yesterday for their alleged role in the city-state's largest market manipulation case - a penny stocks 30 Oct 2013 In the latest saga, contra trading allowed punters to push the three penny With each stock market disaster, one hopes that Singapore investors are the spectacular crash which has resulted in over $8 billion of stock value Singapore meted out its first jail sentence for the penny-stock rout last week, with the prosecutor calling the crash the result of the “most audacious, extensive and injurious market manipulation scheme ever” in the city state. SINGAPORE, May 14 — The 11th to 172nd charges are sufficiently clear and the defence has ample notice of and knows the case it has to meet, said a prosecutor in a joint trial over the 2013 penny stocks crash. On May 10, both defence counsels of John Soh and Quah Su-Ling asked the prosecutor to
The alleged mastermind behind Singapore's penny stock crash in 2013 was served a fresh charge of witness tampering on Tuesday (13 February), in a case which has been regarded as the largest securities fraud in the nation's history.
Authorities in Singapore blame the so-called penny stocks crash for a slump in share trading volume on SGX in the first half of 2014 and a wider loss of confidence in Singapore’s financial markets. All of a sudden, on Oct 4 that year, the shares crashed by more than 90 per cent after a frenzied 40 minutes of trading, wiping billions of dollars in market value off the three firms. It sparked a sell-off in penny stocks on the Singapore Exchange (SGX). SGX suspended trading in their shares after the free fall, SINGAPORE (Mar 20): Goh Hin Calm, the “treasurer” for 2013 penny stock crash masterminds John Soh Chee Wen and Quah Su Ling, has been sentenced to serve three years in prison for aiding and abetting the duo in what is the largest-ever market manipulation case seen in Singapore. THE man accused of being behind the penny stock crash of 2013 was denied bail in a High Court hearing on Tuesday afternoon. John Soh Chee Wen was turned down by a lower court in an earlier bid for bail a year ago. Soh, 59, was deemed a flight risk at the time. He has been in remand since his arrest in November 2016. The Penny Stock Saga trial has begun. With John Soh and co-conspirator Quah Su-Ling facing 189 and 178 charges respectively, how will the prosecution and the defence counsels handle the case? The The alleged mastermind behind Singapore's penny stock crash in 2013 was served a fresh charge of witness tampering on Tuesday (13 February), in a case which has been regarded as the largest securities fraud in the nation's history.
The alleged mastermind behind Singapore's penny stock crash in 2013 was served a fresh charge of witness tampering on Tuesday (13 February), in a case which has been regarded as the largest securities fraud in the nation's history.
Businessman pleads not guilty to 189 charges over S'pore penny stock crash. Malaysian businessman Soh Chee Wen has been charged with 189 charges over the penny stock crash about six years ago which cleansed S$8 billion (about RM24 billion) from the Singapore share market. Authorities in Singapore blame the so-called penny stocks crash for a slump in share trading volume on SGX in the first half of 2014 and a wider loss of confidence in Singapore’s financial markets. All of a sudden, on Oct 4 that year, the shares crashed by more than 90 per cent after a frenzied 40 minutes of trading, wiping billions of dollars in market value off the three firms. It sparked a sell-off in penny stocks on the Singapore Exchange (SGX). SGX suspended trading in their shares after the free fall, SINGAPORE (Mar 20): Goh Hin Calm, the “treasurer” for 2013 penny stock crash masterminds John Soh Chee Wen and Quah Su Ling, has been sentenced to serve three years in prison for aiding and abetting the duo in what is the largest-ever market manipulation case seen in Singapore. THE man accused of being behind the penny stock crash of 2013 was denied bail in a High Court hearing on Tuesday afternoon. John Soh Chee Wen was turned down by a lower court in an earlier bid for bail a year ago. Soh, 59, was deemed a flight risk at the time. He has been in remand since his arrest in November 2016.
3 Oct 2019 SINGAPORE: More tales of jealousy and betrayal have emerged from the alleged masterminds behind the 2013 penny stock crash — had
Businessman pleads not guilty to 189 charges over S'pore penny stock crash. Malaysian businessman Soh Chee Wen has been charged with 189 charges over the penny stock crash about six years ago which cleansed S$8 billion (about RM24 billion) from the Singapore share market. All of a sudden, on Oct 4 that year, the shares crashed by more than 90 per cent after a frenzied 40 minutes of trading, wiping billions of dollars in market value off the three firms. It sparked a sell-off in penny stocks on the Singapore Exchange (SGX). SGX suspended trading in their shares after the free fall, SINGAPORE (Feb 12): The long-awaited trial for the penny stock crash saga could finally start in October this year, according to lawyers in court today at a criminal motion hearing for alleged mast SINGAPORE (Aug 8): A High Court judge has rejected an application by alleged penny stock saga SINGAPORE (Mar 20): Goh Hin Calm, the “treasurer” for 2013 penny stock crash masterminds John Soh Chee Wen and Quah Su Ling, has been sentenced to serve three years in prison for aiding and abetting the duo in what is the largest-ever market manipulation case seen in Singapore. And there you have it! The top 5 Singapore Stocks I would buy right now. In terms of portfolio construction, I’ll probably go with 30% to the S&P500, and the remaining 70% split equally among the 4 Singapore stocks. And that would be the seed investment for my hypothetical S$100 million Financial Horse Fund! Anybody keen to contribute? 😉
3 Oct 2019 SINGAPORE: More tales of jealousy and betrayal have emerged from the alleged masterminds behind the 2013 penny stock crash — had SINGAPORE (Jan 10): Prosecution witness Ken Tai Chee Ming has admitted &ndash the alleged masterminds behind the 2013 penny stock crash, whom For the messages which are the subject matter of the latest section 20 Mar 2019 Singapore meted out its first jail sentence for an October 2013 penny-stock rout, which the prosecutor said was caused by the “most audacious, 24 Oct 2013 Singapore's central bank and stock market operator are conducting an extensive review of recent share price volatility in three Singapore 24 Oct 2013 Singapore's central bank and stock market operator are conducting an extensive review of recent share price volatility in three inter-linked 9 Jan 2019 A court case beginning in March next year will be closely watched as it seeks to get to the bottom of Singapore's penny stocks crash four years