Soh Chee Wen co-accused may plead guilty in penny stock case

Singapore

THE trial of the alleged mastermind and his two co-accused charged with rigging the market that led to the "penny stock crash" in 2013 may not start on Monday as scheduled - after one of the accused is believed to have indicated his intention to plead guilty.

The Business Times understands that Goh Hin Calm, who faces six charges of being an accomplice of Soh Chee Wen and Quah Su-Ling in the alleged manipulation of the stocks of Blumont Group, Asiasons Capital and LionGold Corp, may throw in the towel. Goh is represented by Adrian Wee. When Goh was charged in November 2016, his then counsel had said that the 59-year-old accused would claim trial.