2013 penny stock crash

SINGAPORE (May 6): Andy Lee Chee Wee, a former remisier at Lim & Tan Securities, could be the most interesting prosecution witness yet in the trial of John Soh Chee Wen and Quah Su-Ling, the alleged masterminds behind the steep rise and sudden collapse of

SINGAPORE (May 6): Only three prosecution witnesses have testified so far, but it is already becoming clear that John Soh Chee Wen and Quah Su-Ling are not the only ones on trial. Soh and Quah’s alleged manipulation of shares in Blumont Group, LionGold

KUALA LUMPUR (Apr 29): Former premier Datuk Seri Najib Razak has failed in his bid to strike out all his seven charges in relation to the misappropriation of SRC International Sdn Bhd's funds of RM42 million ($13.8 million).

SINGAPORE (Apr 29): John Soh Chee Wen had given a presentation on the future business plans for Blumont Group at the offices of LionGold, according to ex-remisier Andy Lee Chee Wee.

SINGAPORE (Apr 29): The penny stock crash trial resumed on April 22, with lawyers for the two alleged masterminds casting doubts on the testimonies of prosecution witnesses. Two witnesses, both brokers, have taken the stand so far. Jack Ng Kit Kiat and Al

SINGAPORE (Apr 24): Alex Chew Keng Chiow, the RHB Securities remisier who is the prosecution’s second witness in the 2013 penny stock crash trial, has admitted that even his third conditional statement to the Commercial Affairs Department may have conta

SINGAPORE (Apr 23): In Day Six of the trial of John Soh Chee Wen, the defence wrapped up their cross examination of the prosecution’s first witness, former OCBC Securities remisier Ng Kit Kiat.

SINGAPORE (Apr 22): Prosecution witness Ng Kit Kiat, a former OCBC Securities remisier, on Monday admitted to conducting trades on behalf of his clients without third-party authorisation.

SINGAPORE (Mar 29): The drama continues in Day Four of the trial of John Soh Chee Wen and Quah Su-Ling as Quah’s defence counsel accused the prosecution’s first witness of “inventing evidence” and engaging in the practice of front-running.

SINGAPORE (Mar 28): The defence counsel for John Soh Chee Wen, the alleged mastermind behind the 2013 penny stock crash, in court on Thursday accused the prosecution’s first witness of being coached by an investigating officer (IO).