Penny-stock crash case to proceed to trial
After three-day committal hearing, Assistant Registrar James Elisha Lee says there are enough grounds to try trio
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Singapore
THE October 2013 penny stock crash case will go to trial before the High Court following a three-day committal hearing that ended on Friday.
Assistant registrar James Elisha Lee ruled that there are sufficient grounds to try John Soh Chee Wen, Quah Su-Ling and Goh Hin Calm for their roles in the crash, which triggered massive selloffs among penny stocks and wiped out a total of S$8 billion from the stock market.
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