2013 Penny Stock Crash

SINGAPORE (July 9): John Soh, who is at the centre of a trial for allegedly manipulating three penny stocks in 2013 that subsequently led to their crash, made a couple of attempts to stage a “comeb

SINGAPORE (July 9): Sreenivasan attempted to get Gan to agree that his client did not have that much control over the manipulation of BAL shares as painted out to be.

SINGAPORE (June 26): For more than three years in the run-up to the penny stock crash back in October 2013, a group of brokers had actively executed trading orders supposedly instructed by John Soh

SINGAPORE (Mar 4): Prosecution witness Henry Tjoa, the former Phillips Securities remisier who was once part of the “inner circle” of brokers used by alleged masterminds John Soh Chee Wen and Quah

SINGAPORE (Mar 3): Former Phillip Securities remisier Henry Tjoa admitted to raking in some $1 million in commissions from rolling the shares of LionGold Corp, Blumont Group and Asiasons Capital (n

SINGAPORE (Mar 2): Prosecution witness Henry Tjoa in court on Monday said he was concerned that he would be charged for market manipulation “from the very first day” he was roped into market rollin

SINGAPORE (Feb 28): On Feb 25, The Edge Singapore received a letter sent by Rajah & Tann on behalf of one Richard Teng, taking issue with a story we first published online la

SINGAPORE (Feb 28): A new prosecution witness Henry Tjoa, who used to be a top remisier with Phillip Securities before he was bankrupted by the October 2013 penny stock crash, has taken t

SINGAPORE (Feb 18): Former abettor-turned-prosecution witness Ken Tai Chee Ming in court on Feb 18 alleged that Richard Teng, the former chief regulatory officer of the Singapore Exchange (SGX), wa

SINGAPORE (Jan 31): The third tranche in the trial of John Soh Chee Wen and Quah Su-Ling, the alleged masterminds behind the 2013 penny stock crash has been adjourned to after the Lunar New Year.