Goh Hin Calm

2013 Penny Stock Crash

Two stock market manipulation precedents invoked as prosecutors call for 3-year sentence for Goh Hin Calm

SINGAPORE (Mar 20): State prosecutors have called for Goh Hin Calm to be jailed a total of three years, after taking into account two sentencing precedents involving stock market manipulation.

Management & Corporate Governance

MAS reports $16.8 mil in fines imposed over past 18 months in very first enforcement report

SINGAPORE (Mar 20): In the 18 months to Dec 2018, the Monetary Authority of Singapore (MAS) secured one criminal conviction, issued 19 prohibition orders and imposed fines totalling $16.8 million.

2013 Penny Stock Crash

Alleged 'treasurer' Goh Hin Calm to testify against Soh, Quah

SINGAPORE (Mar 8): The trial of the largest case of stock market manipulation in Singapore’s history was to have started on March 11. But in a twist of events at the 11th hour, Goh Hin Calm, one of the three defendants, has become a witness for the pros

2013 Penny Stock Crash

After Innopac, John Soh-linked IPCO looks to raise funds

SINGAPORE (Oct 9): IPCO International, the company linked to John Soh, the alleged mastermind of the 2013 penny stock crash, has announced it is actively looking to raise funds from a third-party investor via a placement or rights issue.

2013 Penny Stock Crash

Pre-trial conference for penny stock crash saga set for June 29; trial date to follow

SINGAPORE (June 13): The defence counsels for John Soh Chee Wen, Quah Su Ling, and Goh Hin Calm – the alleged masterminds behind the penny stock crash of 2013 – will be meeting the prosecution in a pre-trial conference on June 29.

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.

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

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.

Management & Corporate Governance

IPCO accuses former management for not using placement proceeds as approved

SINGAPORE (Apr 11): IPCO International’s new board and management is accusing their predecessors for not using proceeds from an earlier placement in accordance to what has been approved by SGX.

2013 Penny Stock Crash

IPCO to delay 3Q earnings reporting on doubts over 'certain transactions'

SINGAPORE (Mar 18): IPCO International is asking the Singapore Exchange for an extension to report its financial results for the 3Q ended Jan after its newly-appointed directors cast doubts over the validity of certain transactions.
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