2013 Penny Stock Saga

SINGAPORE (Mar 27): Prosecutors at the penny stock saga trial of John Soh Chee Wen and Quah Su-Ling have asked the court to bar two individuals closely-linked to the defendants from attending the court proceedings -- if they are to be called as defence wi

SINGAPORE (Mar 26): Garbed in purple overalls, John Soh Chee Wen cuts a relaxed figure as he takes his seat. The garment falls fittingly on his athletic frame, not unlike a designer suit. It could well have made a fashion statement, save for the word &#34

SINGAPORE (Mar 25): Day One of the trial of the 2013 penny stock-rigging case saw Goh Hin Calm named as a prosecution witness.

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 manipulat

SINGAPORE (Mar 20): State prosecutors have called for Goh Hin Calm to be jailed a total of three years, after taking into account two sentencing precedents involving stock market manipulation.

SINGAPORE (July 2): Ipco International said it was served with two writs of summons from lawyers acting for the company’s former interim CEO Goh Hin Calm, who will be going on trial for his alleged involvement in the penny stock crash of Oct 2013.

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

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 mastermind John Soh Chee Wen.

SINGAPORE (Aug 8): A High Court judge has rejected an application by alleged penny stock saga mastermind John Soh Chee Wen for additional documents and materials from state prosecutors to support his bail application.

SINGAPORE (Aug 2): John Soh Chee Wen remains under remand, even as his lawyers on Wednesday say the prosecution has hampered their client from getting a fair shot at receiving bail by selectively putting forward information.