Ex-Jade director sentenced to record jail term and fine
He was convicted on all 39 charges under SFA and Companies Act
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Singapore
FORMER Jade Technologies Holdings director Anthony Soh Guan Cheow, convicted of share rigging and insider trading, has been sentenced to eight years and nine months in jail and fined S$50,000 - the highest sentences imposed for such offences in Singapore to date.
Soh, 60, was convicted on all 39 charges against him under the Securities and Futures Act (SFA) and the Companies Act, in connection with a failed takeover bid for Jade Technologies.
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