SINGAPORE (Aug 27): The trial hearings has seen prosecutors and defence counsels clash over the application to amend charges. In court on Tuesday, both parties squared off after a pre-trial conference in August led to the vacating of trial dates till Sept 30. The defence is challenging the amended ...

SINGAPORE (July 3): Attilan Group, the penny stock which is urgently searching for a new core business before being forced to delist, has disclosed more relationships between its directors – both past and present -- and the seller of its acquisition target. The disclosures were in response to que...

SINGAPORE (June 27): Attilan Group, the former Asiasons Capital which was allegedly manipulated by John Soh Chee Wen, is in talks with Tremendous Opportunity Fund I LP regarding the proposed reverse takeover by Tremendous Entertainment Group (TEG). “The proposed acquisition, if successful, will f...

SINGAPORE (June 24): ISR Capital, which is on the Singapore Exchange watch-list, is to start talks with a China company to develop its rare earth concession in Africa. ISR Capital says it has entered into a non-binding MOU with China Nonferrous Metal Industry’s Foreign Engineering and Constructio...

SINGAPORE (May 24): After stretching over nearly two months, hearings for the first tranche of witnesses in the trial of alleged 2013 penny stock crash masterminds John Soh Chee Wen and Quah Su-Ling has finally come to an end. So far, 12 prosecution witnesses – mostly remisiers and dealers – ha...

SINGAPORE (May 23): The prosecution and defence in the 2013 penny stock crash trial on Thursday crossed swords over how conditioned statements had been prepared, and the relevancy of questions raised in cross-examination of these statements. Deputy public prosecutor Peter Koy said questions by the ...

SINGAPORE (May 22): Prosecution witness Ong Kah Chye revealed trades in three accounts under him were solely executed on the instructions of John Soh Chee Wen. The former Maybank Kim Eng Securities dealer admitted he had received instructions from Soh for accounts belonging to three clients – Pet...

SINGAPORE (May 21): Prosecution witness Goh Chiu Goik, an assistant manager at Phillip Securities (PSPL), in court on Tuesday said some trading forms that were not correctly filled out because of “clerical oversight” that led to some details not being checked properly. In his cross-examination ...

SINGAPORE (May 17): Evidence in the trial of the alleged masterminds of the 2013 penny stocks crash on Friday showed that an employee of Quah Su-Ling, the second accused, had made cash payments for the implicated accounts held in brokerage firm Phillip Securities (PSPL). PSPL assistant general mana...

SINGAPORE (May 16): Brokerage firm KGI Securities had filed Suspicious Transaction Reports (STRs) for three of 20 trading accounts allegedly manipulated by the masterminds behind the 2013 penny stocks crash, the court heard on Thursday. During examination-in-chief by Deputy Public Prosecutor David ...