Penny Stock Crash

The Edge Malaysia's former editor-in-chief was charged with criminal defamation for reporting an abnormal surge in penny stocks

SINGAPORE (Feb 12): The long-awaited trial for the penny stock crash saga could finally start in October this year, according to lawyers in court today at a criminal motion hearing for alleged mastermind John Soh Chee Wen.

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.

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.

SINGAPORE (March 3): It remains to be seen whether shares in ISR Capital will continue falling when they begin trading again.

SINGAPORE (March 1): LionGold Corp, one of the three penny stocks at the centre of the October 2013 saga, has come forth to announce that its senior executive, Peter Chen, is no longer with the company.

SINGAPORE (Jan 3): ISR Capital, whose shares have been suspended by the Singapore Exchange, said that its executive director and CEO Quah Su Yin has resigned with effect from Dec 31 2016.

SINGAPORE (Dec 23): Chan Sing En has stepped down as the CEO and director of Dynamic Return (Singapore), a subsidiary of ISR Capital.

SINGAPORE (Dec 23): Singapore has shown considerable success in turning itself into a wealth management hub ever since it set out to do so in the early 2000s. Paradoxically, it is the city state’s reputation for having a clean and well-regulated financi

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