2013 penny stock crash

SINGAPORE (Apr 16): ISR Capital may require a further US$10 to US$15 million ($13.1 million to $19.7 million) for the next phase of its feasibility studies on the tantalum mining project in Madagascar. Funding would also have to come from the company itse

SINGAPORE (Apr 11): IPCO International’s new board and management is accusing their predecessors for not using proceeds from an earlier placement in accordance to what has been approved by SGX.

SINGAPORE (Apr 2): Here are some stocks that could move the market this Monday morning:

SINGAPORE (Mar 29): Blumont Group, one of the three counters at the centre of the penny stock crash saga in 2013, has entered into a term sheet for the proposed acquisition of Samadhi Retreats for up to $43.8 million.

SINGAPORE (Mar 14): Goh Hin Calm, one of the three individuals charged in relation to the October 2013 penny stock saga, has resigned from his job as the interim CEO of IPCO International.

SINGAPORE (Mar 13): From March 17, the Monetary Authority of Singapore (MAS) and the Singapore Police Force’s (SPF) Commercial Affairs Department (CAD) will extend their Joint Investigations Arrangement to cover all offences under the Securities and Fut

SINGAPORE (Mar 5): IPCO International has sacked Carlson Smith from his post as Chief Financial Officer from Feb 27 on grounds of misconduct.

SINGAPORE (Mar 1): ISR Capital’s planned acquisition of a tantalum concession is taking longer than expected.

SINGAPORE (Feb 27): Justice Hoo Sheau Peng has dismissed the latest bail bid by alleged penny stock crash saga mastermind John Soh Chee Wen, citing grounds of flight risk and danger of witness tampering.

SINGAPORE (Feb 14): Day two of a court hearing on John Soh Chee Wen’s latest bid to be released on bail saw his lawyers calling evidence produced by prosecutors that he is likely to tamper with witnesses “ambiguous”. It also came to light that a sum