2013 penny stock crash: Goh Hin Calm to plead guilty on March 20
Interested parties will be watching trial to see if Goh will turn prosecution witness
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Tay Peck Gek
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Singapore
THE High Court has fixed March 20 to hear the plea of Goh Hin Calm, who is being accused of aiding his two co-accused in rigging the market before the prices of three penny stocks went into a tailspin in October 2013.
The 59-year-old Singaporean is expected to admit to being an accomplice in a scheme allegedly orchestrated by Malaysians Soh Chee Wen and Quah Su-Ling to manipulate the share prices of Blumont Group, Asiasons Capital (now Attilan Group) and LionGold Corp - collectively known as BAL. Goh, who is out on bail, is accused of being the ''treasurer'' behind the scheme and ''intentionally'' aided Soh, 59, and Quah, 54, to create a false market for the BAL shares.
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