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Regulatory Action
SGX RegCo reprimands former Magnus Energy board; existing directors leaving amid delisting notice
SGX has also directed the company to delist; three of its existing directors will soon step down
April 09, 2023
2013 Penny Stock Crash
The Edge Says: Singapore gets it right — Severe punishment is the best deterrent against future commercial crimes
A Singapore court has sentenced Malaysian John Soh Chee Wen to 36 years in jail.
December 29, 2022
2013 Penny Stock Crash
2013 penny stock crash mastermind John Soh faces 36 years’ jail, co-conspirator Quah Su-Ling gets 20 years’
The episode has been described as Singapore’s largest-ever case of share manipulation.
December 28, 2022
2013 Penny Stock Crash
John Soh and Quah Su-Ling found guilty of penny stocks manipulation
They have been convicted for criminal conspiracy, including false trading, price manipulation, deception and cheating.
May 05, 2022
2013 Penny Stock Crash
Verdict in: 2013 penny stock saga masterminds John Soh and Quah Su-Ling guilty
The case involves dozens of financial institutions both local and foreign, ranging from small brokerages to global banks.
May 05, 2022
2013 Penny Stock Crash
Counsels put forth closing submissions as trial of John Soh and Quah Su-Ling draws to a close
John Soh Chee Wen was back in court on Dec 3
December 03, 2021
1000th issue
From salesman of T-shirts to gold mines
We relive the sage of Singapore’s largest market manipulation case linked to John Soh and the crash of three penny stocks in 2013
September 02, 2021
2013 Penny Stock Crash
Trades by brokers and associates made independently, says Soh
“I just wanted to get out of that tiff. I just wanted peace. I would have told her anything to shut her up,” Soh said on Cheng.
June 25, 2021
2013 Penny Stock Crash
Brokers in Soh's inner circle paranoid of communicating openly after crash
The brokers include Gabriel Gan Tze Wee and Henry Tjoa Sang Hi, who had gone to the extent of getting Soh a disposable phone.
June 18, 2021
2013 Penny Stock Crash
All involved in alleged share rigging scheme made money: Soh
In an email to Soh, Quah says he is the owner and caretaker and “she’s taking care of what is [his]”.
June 11, 2021