Blumont Group

2013 Penny Stock Crash

SGX suspends trading of ISR Capital shares to 'safeguard market interest'

SINGAPORE (Nov 27): Citing the need to “safeguard the interest of the market”, the Singapore Exchange has suspended the trading of ISR Capital shares with immediate effect.

2013 Penny Stock Crash

John Soh Chee Wen and Quah Su-Ling charged in largest market manipulation scheme in Singapore’s history

SINGAPORE (Nov 25): John Soh Chee Wen and Quah Su-Ling have been identified as the “masterminds” behind what authorities described as “the largest market manipulation case in Singapore’s history”.

2013 Penny Stock Crash

John Soh, Quah Su-Ling and Goh Hin Calm set to be charged

SINGAPORE (Nov 25): Three key figures involved in the penny stock saga of October 2013 are expected be charged on Friday afternoon at the State Courts.

2013 Penny Stock Crash

John Soh, alleged mastermind behind penny stock crash arrested; to be charged on Friday

SINGAPORE (Nov 25): Singapore authorities on Thursday morning arrested a number of individuals who were being investigated over the 2013 penny stock crash and raided their homes.

SGX should provide market surveillance dashboard to investors, not just brokers

SINGAPORE (Oct 21): Three years ago this month, a handful of high-flying stocks lost more than $8 billion in market value within a matter of days. Six months later, in April 2014, the Commercial Affairs Department started what it has called its biggest se

Stocks To Watch

M1, CCT, ST Engr, SIIC Environment, Keppel REIT, Blumont

SINGAPORE (Oct 19): Here are some factors and stocks that could move the market this Wednesday morning:

Blumont sinks deeper into losses of $10.2 million in 1Q

SINGAPORE (May 14): Blumont Group’s losses for the first quarter ended March 31, 2015 (1QFY15) widened to $10.24 million from $5.87 million last year.

Was Black Elk the black swan that sank Asiasons, Blumont and LionGold?

SINGAPORE (Nov 4): A US-based hedge fund called Platinum Partners, and entities linked to it, had agreed to provide US$560 million in funding to Asiasons Capital, Blumont Group and LionGold Corp in August, September and October as shares in the three comp
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