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Linked stocks form a troubled past

Cross-holdings, management relationships and Asiasons, Blumont and LionGold becoming 'designated' stocks

Published Fri, Oct 11, 2013 · 10:00 PM

Singapore

UNUSUAL share price movements, boardroom battles and cornered markets.

If there is one distinctive characteristic among the handful of companies that have been linked to Ipco International and Innopac Holdings - including the three that were suspended by Singapore Exchange (SGX) a week ago - it would be their apparent susceptibility to major disruptions.

If history were an airline, that group of companies would be paying mountains in excess baggage fees.

On Oct 4, SGX suspended the stocks of A…

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