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Goh Hin Calm
2013 Penny Stock Crash
IPCO former CFO Smith says not aware how share trading works
Defence lawyers of John Soh, Quah Su-Ling try to discredit claims by ex-IPCO CFO that he did not know how share trading works.
February 26, 2021
2013 Penny Stock Crash
Former co-accused Goh Hin Calm portrays himself as unknowing driver in a bank heist
Goh Hin Calm, who pleaded guilty in the 2013 penny stock manipulation ring, still thinks he had done nothing wrong.
January 29, 2021
2013 Penny Stock Crash
Soh threatens to 'tear down' Chen, his former 'key wingman'
Soh told Chen sing the same tune. "If you say otherwise, you have all the brokers in town against you."
August 28, 2020
2013 Penny Stock Crash
IPCO office was 'admin centre' for penny stock manipulation, court told
SINGAPORE (Oct 14): The explosive revelations from the second tranche of witnesses in the trial of John Soh Chee Wen and Quah Su-Ling, the alleged masterminds behind the 2013 penny stock crash, do not appear to be dying down.
October 11, 2019
Management & Corporate Governance
Annica chairman Ong quits just as $33 mil goes missing at his law firm JLC
SINGAPORE (May 27): Jeffrey Ong, managing partner of law firm JLC Advisors, may have given instructions to pay out a sum of $33.2 million held in escrow by his firm for a client, Allied Technologies. According to Allied’s statement filed with Singapore
May 27, 2019
2013 Penny Stock Crash
Failed Innopac deal portends mining magnate Gutnick’s woes in Australia
SINGAPORE (May 20): The Australian Securities and Investments Commission (ASIC) is seeking judicial permission to wind down mining company Merlin Diamonds. The regulator is also probing into whether its chairman Joseph Gutnick failed in his duties.
May 20, 2019
In print this week
Trial of John Soh starts on Monday; here's the backstory
SINGAPORE (Mar 22): The long-awaited trial of John Soh, the alleged mastermind behind the manipulation of shares in Blumont, LionGold and Asiasons Capital (now Attilan Group) back in 2013, will start on Monday.
March 22, 2019
Commentary
Hunting for the truth redux: Our coverage of the penny stock saga attracted threats and lawsuits
SINGAPORE (Mar 22): If there’s one story published by The Edge Singapore that I will never forget, it will probably be “Hunting for the truth” (Issue 641, Sept 1, 2014). The piece was intended to mark the first anniversary of the steep rise and sudd
March 22, 2019
2013 Penny Stock Crash
Penny stock crash scandal's 'treasurer' sentenced to three years' jail
SINGAPORE (Mar 20): Goh Hin Calm, the “treasurer” for 2013 penny stock crash masterminds John Soh Chee Wen and Quah Su Ling, has been sentenced to serve three years in prison for aiding and abetting the duo in what is the largest-ever market manipulat
March 20, 2019
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