SINGAPORE (Apr 22): Prosecution witness Ng Kit Kiat, a former OCBC Securities remisier, on Monday admitted to conducting trades on behalf of his clients without third-party authorisation. Ng is the prosecution’s first witness in the trial of alleged 2013 penny stock crash masterminds John Soh Che...

BLUMONT Group has appointed Lee Tak Meng as its new chief executive officer (CEO) with effect from Apr 17, it announced on Wednesday night. 

SINGAPORE (April 1): The trial of John Soh Chee Wen and Quah Su-Ling kicked off on March 25 on an acrimonious note, with their lawyers complaining about procedural unfairness. Among other things, they seemed outraged that prosecutors gave them four statements made by one Gwee Yow Pin only on the Fr...

SINGAPORE (Mar 29): The drama continues in Day Four of the trial of John Soh Chee Wen and Quah Su-Ling as Quah’s defence counsel accused the prosecution’s first witness of “inventing evidence” and engaging in the practice of front-running. Continuing in his cross-examination of OCBC Securit...

SINGAPORE (Mar 29): The drama continues in Day Four of the trial of John Soh Chee Wen and Quah Su-Ling as Quah’s defence counsel accused the prosecution’s first witness of “inventing evidence” and engaging in the practice of front-running. Continuing in his cross-examination of OCBC Securit...

SINGAPORE (Mar 28): The defence counsel for John Soh Chee Wen, the alleged mastermind behind the 2013 penny stock crash, in court on Thursday accused the prosecution’s first witness of being coached by an investigating officer (IO). Ng Kit Kiat, a trading representative with OCBC Securities, had ...

A REMISIER testified on Wednesday that he took unauthorised trade orders from John Soh Chee Wen and Quah Su-Ling, who are now standing trial in the High Court over alleged manipulation of three penny stocks Blumont Group, Asiasons Capital (now Attilan Group) and LionGold Corp, collectively k...

SINGAPORE (Mar 27): Ng Kin Kiat, a broker at OCBC Securities, was called as the first witness in penny stock crash trial on Wednesday, as the prosecution sought to reveal deeper insight into the details of the market manipulation scheme. According to Ng, alleged 2013 penny stock crash masterminds J...

OCBC Securities remisier Ng Kit Kiat testified on Wednesday that he took unauthorised trade orders from John Soh Chee Wen and Quah Su-Ling, who are now standing trial in the High Court over alleged manipulation of three penny stocks Blumont Group, Asiasons Capital and LionGold Corp, collect...

SINGAPORE (Mar 27): Prosecutors at the penny stock saga trial of John Soh Chee Wen and Quah Su-Ling have asked the court to bar two individuals closely-linked to the defendants from attending the court proceedings.  They are Quah Su-Yin, sister of Su-Ling, and Ronald Menon, husband of Su-Yin, both...