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Asiasons Capital
2013 Penny Stock Crash
Banks, brokerages incurred over $350 million in losses from penny stock crash
SINGAPORE (Mar 20): Banks, brokerages and other financial institutions suffered a total of more than $350 million in unpaid losses in the wake of the October 2013 crash of Blumont Group, LionGold Corp and Asiasons Capital (now known as Attilan Group), acc
March 20, 2019
Management & Corporate Governance
SGX RegCo orders ISR Capital to seek shareholders' approval for waiver of condition
SINGAPORE (Jan 10): Singapore Exchange Regulation (SGX RegCo) has ordered the ISR Capital to hold an extraordinary general meeting (EGM) as soon as possible to seek shareholder approval for the waiver of condition related to its acquisition of a mining co
January 10, 2019
Management & Corporate Governance
ISR Capital spurns SGX request to seek shareholder nod for waiver of condition for acquisition
SINGAPORE (Jan 3): ISR Capital has rejected a call by Singapore Exchange for the company to seek shareholder approval for the waiver of a condition precedent to its acquisition of a Madagascar mining asset.
January 03, 2019
2013 Penny Stock Crash
2013 penny stock crash case to go to trial
SINGAPORE (June 1): The three individuals accused of being the masterminds behind the October 2013 penny stock crash will go to trial, the Singapore court decided on Friday.
June 01, 2018
2013 Penny Stock Crash
Defence lawyers for alleged masterminds attempt to pin 2013 penny stock crash on forced selling
SINGAPORE (May 31): The defence team for John Soh Chee Wen, Quah Su-Ling, and Goh Hin Calm – the trio facing trial for the October 2013 penny stock saga – in court today tried to prove that their clients were not responsible for the crash, which wiped
May 31, 2018
2013 Penny Stock Crash
Three-day committal hearing into 2013 penny stock crash starts
SINGAPORE (May 30): The committal hearing for the three individuals charged for the October 2013 penny stock crash started on Wednesday.
May 30, 2018
2013 Penny Stock Crash
John Soh fails in bid to gain access to additional documents from prosecutors
SINGAPORE (Aug 8): A High Court judge has rejected an application by alleged penny stock saga mastermind John Soh Chee Wen for additional documents and materials from state prosecutors to support his bail application.
August 08, 2017
2013 Penny Stock Crash
Penny stock saga mastermind John Soh remains under remand as argument over bail hearing continues
SINGAPORE (Aug 2): John Soh Chee Wen remains under remand, even as his lawyers on Wednesday say the prosecution has hampered their client from getting a fair shot at receiving bail by selectively putting forward information.
August 02, 2017
2013 Penny Stock Crash
John Soh could face longest-ever jail term for financial crime in Singapore
SINGAPORE (March 3): Chia Teck Leng, a former accountant at Asia Pacific Breweries, made history 13 years ago when he was convicted of cheating four banks of $117 million and sentenced to 42 years’ jail.
March 03, 2017
2013 Penny Stock Crash
Penny stock saga’s alleged mastermind John Soh denied bail; faces total of 188 charges
SINGAPORE (Feb 28): John Soh Chee Wen, the alleged mastermind behind the October 2013 penny stock saga, has been charged with seven new counts of witness tampering.
February 28, 2017