BUSINESSMAN Mark Wee Liang Yee now owns 51.4 per cent of the total issued shares in Blumont Group, following the closing of a mandatory unconditional cash offer for the firm at S$0.0004 per share on Dec 31.

THE following companies saw new developments that may affect trading of their securities on Tuesday.

THE following companies saw new developments that may affect trading of their securities on Tuesday.

BUSINESSMAN Mark Wee Liang Yee has triggered a mandatory unconditional cash offer to buy out Blumont Group after acquiring from Ultimate Horizon a 50.8 per cent stake in the company.

BUSINESSMAN Mark Wee Liang Yee has triggered a mandatory unconditional cash offer to buy out Blumont Group after acquiring from Ultimate Horizon a 50.8 per cent stake in the company.

THE chief executive of mainboard-listed Blumont Group has resigned, the investment holding company announced on Monday night.

Beauty service chain Mary Chia Holdings is paying $3.05 million to buy 80% of hairdressing chain Monsoon Hairdressing.  The seller, Addy Lee, also known as Lee Eng Tat, will receive his payment in equal parts cash and new Mary Chia Holdings shares. For the half year ended June 30, Monsoon repor...

Prosecution witness Gabriel Gan stressed he would like alleged 2013 penny stock crash mastermind John Soh Chee Wen to “walk out of this court scot-free”. “You know why? So that I can collect the money he owes me. That’s a lot of money all right,” he told the court under cross examination b...

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 Su-Ling, in court on Wednesday admitted to witness tampering and lying to the Commercial Affairs D...

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 (now Attilan Group) over the course of a year. However, taking the stand today as a prosecution witness ...