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John Soh Chee Wen
2013 Penny Stock Crash
More telephone records reveal Quah's hand behind trades; private bank Coutts wrote off $4.7 mil from penny stock crash
SINGAPORE (May 8): The prosecution in the trial of John Soh Chee Wen and Quah Su-Ling, the alleged masterminds behind the 2013 penny stock crash, in court on Wednesday dived deeper into telephone records to shine light on Quah’s hand behind trades made
May 08, 2019
2013 Penny Stock Crash
New witness claims Quah Su-Ling was 'hysterical' when asked about settlement of losses
SINGAPORE (May 7): Prosecution witness Angelia Poon Mei Choo, a remisier at OCBC Securities, in court on Tuesday revealed that Quah Su-Ling was “hysterical” when Poon went down to the LionGold office to ask how Quah intended to settle the losses stemm
May 07, 2019
2013 Penny Stock Crash
Prosecution witness Lee accused of lying and concealing facts in court
SINGAPORE (May 6): The trial of John Soh Chee Wen and Quah Su Ling resumed on Monday with defence counsels accusing former Lim & Tan remiser Andy Lee Chee Wee of lying and concealing facts in court.
May 06, 2019
In print this week
Witness' testimony shines light on links between 'mothership' Blumont and other Soh-related stocks
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
May 06, 2019
In print this week
Trial of Soh, Quah paints unflattering picture of brokerage industry's attitudes and practices
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
May 06, 2019
In print this week
Trial paints ugly picture of brokerage industry’s practices
SINGAPORE (May 3): With local brokerage firms already under siege from slumping commissions and waning investor interest, the ongoing trial of John Soh Chee Wen and Quah Su-Ling in relation to the 2013 penny stock crash is unlikely to improve industry
May 03, 2019
2013 Penny Stock Crash
Doubts cast on testimonies of prosecution witnesses at trial of John Soh and Quah Su-Ling
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
April 29, 2019
2013 Penny Stock Crash
'Fearful' prosecution witness admits even third statement might not have been the whole truth
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
April 24, 2019
2013 Penny Stock Crash
Ex-remisier Ng denies being coached; RHB trader Alex Chew admits to telling the whole truth only in third statement
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.
April 23, 2019
2013 Penny Stock Crash
Ex-remisier admits to conducting trades without third-party authorisation from account holders
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.
April 22, 2019