Home Issues 2013 Penny Stock Crash

There is a difference between confirming and reporting instructions, says Soh

Amala Balakrishner
Amala Balakrishner5/28/2021 10:9 PM GMT+08  • 6 min read
There is a difference between confirming and reporting instructions, says Soh
John Soh’s stance on not giving instructions on trades in the lead up to the 2013 penny stock crash was put to the test once again
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Photo: Bloomberg

John Soh’s stance on not giving instructions on trades in the lead up to the 2013 penny stock crash was put to the test once again on May 28, the second day of the prosecution’s cross examination.

Deputy Public Prosecutor (DPP) Teo Guan Siew showed the court several instances where Soh – the alleged mastermind of the saga – had seemingly given trading instructions for trades made via an account in the name of his known associate, Peter Chen Hing Woon.

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