Home News 2013 Penny Stock Crash

Penny stock saga alleged mastermind Soh maintains he did not give instructions, was "sounding board"

Amala Balakrishner
Amala Balakrishner6/3/2021 9:46 AM GMT+08  • 7 min read
Penny stock saga alleged mastermind Soh maintains he did not give instructions, was "sounding board"
“I will be one of the go-to persons,” Soh suggested.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

John Soh is maintaining his stance that both he and his romantic partner Quah Su-Ling had not given instructions on trades in the lead up to the 2013 penny stock crash was questioned once again on June 2, the fifth day of the prosecution’s cross-examination.

Deputy Public Prosecutor (DPP) Teo Guan Siew showed the court several instances where Adeline Cheng Jo-Ee is seemingly taking instructions from Soh – the alleged mastermind of the saga – and Quah who is supposedly his co-conspirator.

Cheng runs her own firm Alethia Asset Management and has been described as Soh’s “on again, off again girlfriend,” during the trial.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.