John Soh Chee Wen

SINGAPORE (May 31): The trial of John Soh Chee Wen and Quah Su-Ling, the alleged masterminds behind the 2013 penny stock crash, has been adjourned after five consecutive weeks of hearing. But it is expected to get more exciting when the hearing resumes in

The first part of the penny stock trial has ended. When the hearing resumes in August, witnesses closer to the two alleged masterminds, John Soh and Quah Su-Ling, will be called to testify.

SINGAPORE (May 27): Jeffrey Ong, managing partner of law firm JLC Advisors, may have given instructions to pay out a sum of $33.2 million held in escrow by his firm for a client, Allied Technologies. According to Allied’s statement filed with Singapore

SINGAPORE (May 27): The prosecution and defence in the 2013 penny stock crash trial on May 23 crossed swords over how conditioned statements had been prepared and the relevance of questions raised in the cross-examination of these statements.

SINGAPORE (May 24): The Law Society of Singapore is taking control over all monies held by law firm JLC Advisors on behalf its clients and third parties.

SINGAPORE (May 24): After stretching over nearly two months, hearings for the first tranche of witnesses in the trial of alleged 2013 penny stock crash masterminds John Soh Chee Wen and Quah Su-Ling has finally come to an end.

SINGAPORE (May 23): The prosecution and defence in the 2013 penny stock crash trial on Thursday crossed swords over how conditioned statements had been prepared, and the relevancy of questions raised in cross-examination of these statements.

SINGAPORE (May 23): Jeffrey Ong, chairman of Annica Holdings, has quit with immediate effect on May 20. Ong is also the managing partner of boutique law firm JLC Advisors.

SINGAPORE (May 22): Prosecution witness Ong Kah Chye revealed trades in three accounts under him were solely executed on the instructions of John Soh Chee Wen.

SINGAPORE (May 21): Prosecution witness Goh Chiu Goik, an assistant general manager at Phillip Securities (PSPL), in court on Tuesday said some trading forms that were not correctly filled out because of “clerical oversight” that led to some details n