2013 penny stock crash

SINGAPORE (Nov 5): For more than two years, ISR Capital has attracted intense scrutiny from regulators and unflattering media headlines in its bid to acquire a stake in a rare-earth mining asset in Madagascar. Following the go-ahead from the Singapore Exc

SINGAPORE (Nov 1): Just a day after an extraordinary general meeting, Mainboard-listed ISR Capital announced that a statement forecasting profits in three years by executive chairman Chen Tong had been mistranslated by his Chinese-to-English interpreter.

SINGAPORE (Oct 30): Shareholders of IPCO International, one of the nearly dozen companies linked to penny stock saga of 2013, has approved the change of name to Renaissance United.

SINGAPORE (Oct 30): After two years fraught with controversy, ISR Capital has finally received the shareholder approval to acquire a rare earth mining asset in Madagascar for $3 million. The deal is worth less than a tenth of the $40 million figure first

SINGAPORE (Oct 27): Innopac Holdings, one of the companies linked to alleged penny stock saga mastermind John Soh, said On Oct 26 that its application to resume trading of its shares has been rejected the Singapore Exchange.

SINGAPORE (Oct 15): Judge Hoo Sheau Peng on Monday dismissed a legal application by John Soh Chee Wen, the alleged mastermind behind the 2013 penny stock crash, to recuse herself from presiding over the case.

SINGAPORE (Oct 15): After much twists and turns in a long-running saga, ISR Capital announced this morning it will convene an EGM on Oct 30 to seek shareholder approval for the acquisition of the rare earth mining concession in Madagascar.

SINGAPORE (Oct 9): Innopac Holdings, one of the companies tainted by its involvement with the penny stock crash of Oct 2013, is likely to see a new group of shareholders taking control. At the same time, the company plans to cast away a clutch of subsidia

SINGAPORE (Oct 8): Teo Hee Huat, an investor who has tracked many mid- and small-cap stocks over the last three decades, has endured his fair share of setbacks in the market. But he had a surprisingly positive experience with Blumont Corp.

SINGAPORE (Oct 5): Shares in all three companies involved in the penny stock crash of 2013 -- Blumont Group, LionGold Corp and Asiasons Capital (now known as Attilan Group) -- had probably been manipulated before they collapsed.