Renaissance United

Renaissance United says revised share subscription plan again rejected by SGX

SINGAPORE (Oct 4): Renaissance United, the former IPCO International, says Singapore Exchange has rejected the revised application for a planned subscription agreement of new shares in the company.

See: Penny stock saga-linked IPCO International renames as Renaissance United

John Soh named in US suit filed against former IPCO International

SINGAPORE (May 16): Renaissance United, the renamed IPCO International, has been sued in the US state of Washington by an entity called Renovatio LLC.

Soh Chee Wen is named as one of the co-defendants in the civil suit as well. Also known as John Soh, he is now standing trial with his co-accused Quah Su Ling, former CEO of IPCO International, for being the alleged masterminds behind the manipulation of three penny stocks -- Blumont Group, Asiasons Capital (now called Atillan Group) and LionGold Corp -- back in 2013.

Hunting for the truth redux: Our coverage of the penny stock saga attracted threats and lawsuits

SINGAPORE (Mar 22): If there’s one story published by The Edge Singapore that I will never forget, it will probably be “Hunting for the truth” (Issue 641, Sept 1, 2014). The piece was intended to mark the first anniversary of the steep rise and sudden collapse of shares in Asiasons Capital, Blumont Group and LionGold Corp, an event that battered confidence in the local stock market and contributed to a subsequent slump in trading volumes.

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