JOHN Soh Chee Wen, the alleged mastermind behind the 2013 penny stock market-rigging, was said to have "substantial funds" after the crash that wiped out S$8 billion in market value.

PENNY STOCKS SCANDAL

THE penny stock crash in 2013 caused John Soh Chee Wen and Quah Su-Ling to incur at least S$400 million in trading losses, the High Court heard in the ongoing trial of the pair accused of...

A FORMER remisier testified that when he asked his client Quah Su-Ling if she was manipulating the market, she gave him the response "What are you scared of? My house is full of lawyers".

PENNY STOCKS SAGA

HENRY Tjoa was Phillip Securities' star remisier with S$2.3 million generated in commission income in 2013. But the self-employed broker was hit by the penny stock crash in October that year when...

PENNY STOCKS SAGA

THE court heard on Monday, in the ongoing trial of John Soh Chee Wen and Quah Su-Ling, that Soh was the towkay of a Malaysian syndicate behind market manipulation, and that he had told a room...

PENNY STOCKS SAGA

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,...

PENNY STOCKS SAGA

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,...

PENNY STOCKS SAGA

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.

An OCBC Securities remisier said during the ongoing penny stocks trial on Friday that market information shared between brokers and clients could push up share prices, and conceded under cross-...

PENNY STOCKS SAGA

THE lawyer for John Soh Chee Wen, the alleged mastermind in the ongoing penny stocks trial, on Thursday argued that the prosecution's first witness was coached by the investigating officer (...