blumont group

MARK TO MARKET

John Soh’s recalcitrance calls for tough stance

Penny stock crash of 2013 underscores need for law enforcement agencies that are vigilant, vigorous and even a bit vicious

John Soh, Quah Su Ling await verdict in penny stock crash trial

John Soh, Quah Su Ling await verdict in penny stock crash trial

AS the marathon trial over the penny stock crash of 2013 draws near the finish line, one of the key questions as the court deliberates on its verdict is: Was John Soh Chee Wen the perpetrator of the m...

Businessman Mark Wee owns 51.4% of Blumont shares after close of offer

Businessman Mark Wee owns 51.4% of Blumont shares after close of offer

BUSINESSMAN Mark Wee Liang Yee now owns 51.4 per cent of the total issued shares in Blumont Group, following the closing of a mandatory unconditional cash offer for the firm at S$0.0004 per share on D...

Businessman makes offer for Blumont at 80% discount

Businessman makes offer for Blumont at 80% discount

BUSINESSMAN Mark Wee Liang Yee has triggered a mandatory unconditional cash offer to buy out Blumont Group after acquiring from Ultimate Horizon a 50.8 per cent stake in the company.

Businessman Mark Wee makes offer for Blumont at 80% discount

Businessman Mark Wee makes offer for Blumont at 80% discount

BUSINESSMAN Mark Wee Liang Yee has triggered a mandatory unconditional cash offer to buy out Blumont Group after acquiring from Ultimate Horizon a 50.8 per cent stake in the company.

Blumont Group CEO Lee Tak Meng resigns

Blumont Group CEO Lee Tak Meng resigns

THE chief executive of mainboard-listed Blumont Group has resigned, the investment holding company announced on Monday night.

Blumont reshuffles board, senior management

Blumont reshuffles board, senior management

MAINBOARD-LISTED Blumont Group has reorganised its board of directors and senior management after its chief operating officer (COO) and chief financial officer (CFO) resigned, just one week after the ...

Quah referred to Soh as the towkay: prosecution witness

Quah referred to Soh as the towkay: prosecution witness

THE prosecution portrayed the 59-year-old John Soh and the 54-year-old Quah Su-Ling as the masterminds behind the 2013 penny stock crash, accusing them of orchestrating "the most audacious, extensive ...

A recap of trial so far; court case to resume on April 22

A recap of trial so far; court case to resume on April 22

THE trial of John Soh Chee Wen and Quah Su-Ling for their role in the 2013 penny stock crash started last month and has covered just four days and is set to resume on Monday.

Blumont Group appoints new CEO

Blumont Group appoints new CEO

BLUMONT Group has appointed Lee Tak Meng as its new chief executive officer (CEO) with effect from Apr 17, it announced on Wednesday night.