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PENNY STOCKS SAGA

Witness 'co-ordinated trades in Blumont with another remisier'

Lawyer for accused says tandem trades may have moved price of the shares

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A former OCBC Securities remisier was accused on Monday of acting with another individual to co-ordinate trades in the Blumont Group, one of three penny stocks said to have been manipulated, sending its price into a spectacular collapse in 2013.

Singapore

A FORMER OCBC Securities remisier was accused on Monday of acting with another individual to co-ordinate trades in the Blumont Group, one of three penny stocks said to have been manipulated, sending its price into a spectacular collapse in 2013.

Defence counsel Philip...

sentifi.com

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