IPCO International

IPCO says auditors unable to verify dubious transactions as they had occurred recently

SINGAPORE (Aug 31): IPCO International says its auditors had been unable to obtain sufficient appropriate evidence regarding "the nature and veracity" of a transaction related to Xiaogan He Shun Investment Management Centre.

Hot Stock

USP shares surge more than 60% despite minority revolt

SINGAPORE (Feb 20): Shares of USP Group, typically thinly traded, surged by more than 60% to 16.9 cents on Monday, following a move by two of the company’s substantial shareholders to try and oust executive chairman Li Hua and executive director Raphael

Shareholders move to oust USP chairman Li

SINGAPORE (Feb 13): Two shareholders holding 11.1% of USP Group have triggered an attempt to oust executive chairman Li Hua and executive director Raphael Tham Wai Mun.

2013 Penny Stock Crash

John Soh Chee Wen and Quah Su-Ling charged in largest market manipulation scheme in Singapore’s history

SINGAPORE (Nov 25): John Soh Chee Wen and Quah Su-Ling have been identified as the “masterminds” behind what authorities described as “the largest market manipulation case in Singapore’s history”.

2013 Penny Stock Crash

John Soh, Quah Su-Ling and Goh Hin Calm set to be charged

SINGAPORE (Nov 25): Three key figures involved in the penny stock saga of October 2013 are expected be charged on Friday afternoon at the State Courts.

IPCO says interim CEO Goh Hin Calm arrested by CAD

SINGAPORE (Nov 25): IPCO International says interim CEO Goh Hin Calm was arrested by the Commercial Affairs Department (CAD) in connection with an investigation.

SGX should provide market surveillance dashboard to investors, not just brokers

SINGAPORE (Oct 21): Three years ago this month, a handful of high-flying stocks lost more than $8 billion in market value within a matter of days. Six months later, in April 2014, the Commercial Affairs Department started what it has called its biggest se

Stocks To Watch

Darco, iX Biopharma, China Flexible Packaging, Vibrant, Hoe Leong, IPCO

SINGAPORE (Sept 14): Here are some stocks that could move the market this Wednesday morning:

Results

IPCO’s 1Q earnings fall 98% to $0.34 mil

SINGAPORE (Sept 13): IPCO International saw 1Q earnings fall 97.6% to $34,000, or 0.001 cent per share) from $1.4 million a year ago on lower sales.

IPCO warns of 1Q net loss

SINGAPORE (Sept 5): IPCO International says it is expecting to report a net loss for 1QFY17.
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