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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
Bail hearing of John Soh adjourned to Feb 28
SINGAPORE (Jan 6): The bail hearing of John Soh Chee Wen, the alleged mastermind behind the penny stock crash of 2013, will next be held on Feb 28, the court decided on Friday afternoon.
January 06, 2017
2013 Penny Stock Crash
Next bail hearing of John Soh to be held on Jan 6
SINGAPORE (Dec 29): The next bail hearing of John Soh Chee Wen, the alleged mastermind behind the penny stock crash of 2013, has been fixed on Jan 6.
December 29, 2016
7 executives of Platinum Partners charged with US$1 bil fraud
SINGAPORE (Dec 21): Back in November 2013, The Edge Singapore reported a US-based hedge fund called Platinum Partners, and entities linked to it, had agreed to provide some US$560 million ($809 million) in funding to Asiasons Capital (now known as Attilan
December 21, 2016
Prosecutors confirm links between ISR Capital and John Soh
SINGAPORE (Dec 20): Prosecutors in court on Tuesday confirmed links between ISR Capital and penny stock saga mastermind John Soh Chee Wen.
December 20, 2016
Results
Blumont reports smaller net loss in 3Q; says mineral and energy business remains risky
SINGAPORE (Oct 26): Blumont Group reported 3Q net loss narrowed 10% to $3.9 million from a year ago as revenue rose 5% to $853,000.
October 26, 2016
In print this week
US hedge fund that dealt with Asiasons, Blumont, LionGold files for bankruptcy
(Oct 24): Two Platinum Partners hedge funds have sought US Chapter 15 bankruptcy protection as part of an ongoing liquidation effort, according to court documents filed in the New York federal court on Oct 18.
In August, a Cayman Islands court ordered
October 24, 2016
Market Close
STI closes 0.07% lower at 2,842.62
SINGAPORE (Oct 20): Singapore stocks gave up early gains on Thursday and closed marginally lower, on broadly weaker regional cues and a fall in oil prices.
October 20, 2016
2013 Penny Stock Crash
Blumont reaches out of court settlement with The Edge on defamation suit
SINGAPORE (Oct 18): Blumont has reached a global out-of-court settlement with The Edge media group in Singapore and Malaysia.
October 18, 2016