Soh hits back ‘rogue’brokers’ total lies’, says manipulations were ‘practical impossibilities’
Photo of Leroy Lau: Albert Chua/The Edge Singapore John Soh Chee Wen, alleged mastermind of the 2013 penny stock saga, tried to debunk the logic of the calculations made by an expert witness who had testified earlier. As he took the stand earlier this week, he fumbled with the calculator. “Sorry, it’s the first time […]
Penny stock crash mastermind maintains he did not give instructions on trades
The trades made in the lead up to the 2013 penny stock crash were not based on instructions given by him, John Soh told the court on May 18. “It has nothing to do with mine or Su-Ling’s directions,” he maintained when shown a series of trades made on different dates, during his examination-in-chief by […]
Section 368 of Companies Act: apex court rules ex parte application for restraining proceedings is valid
12 January 2021 Facts High court decision Court of Appeal decision Federal Court decision Comment The Federal Court’s decision in the case of Mansion Properties Sdn Bhd v Sham Chin Yen,(1) regarding applications made by a company or its creditors under Section 368 of the Companies Act 2016 to restrain proceedings against the company under […]
RCEP will spur global economy
THE Regional Comprehensive Economic Partnership (RCEP) agreement is the 19th free trade agreement, or FTA, signed between China and other partners. To date the country has reached FTAs with 26 countries and regions, further improving the global FTA network, and forming a regional development strategy with a large-size free trade area. The opening-up layout of […]
German MPs to grill ex-Wirecard boss over massive fraud
FRANKFURT: Markus Braun, the former chief executive of disgraced payments giant Wirecard, will on Thursday face a public grilling by German lawmakers over the massive accounting fraud that brought down his firm. Wirecard collapsed in June after it was forced to admit €1.9 billion missing from its accounts did not exist, and MPs have opened a […]
Can management corporations stop parcel owners from operating Airbnbs?
Introduction The emerging practice of the sharing economy, often known as the peer-to-peer economy, is well known. Airbnb and other short-term rental platforms are some examples of the disruptive sharing economy innovations for the hospitality industry. This has garnered the interest of property owners in listing their residential units with these platforms for short-term rental. […]
33rd Anniversary of Ops Lallang – Abolish all Detention Without Trial laws
Media Statement – 27/10/2020 33rd Anniversary of Ops Lallang – Abolish all Detention Without Trial laws On 27th October 1987, a black day in Malaysian history, ‘Operation Lallang’ happened, This massive crackdown using the draconian detention without trial law, the Internal Security Act 1960(ISA) resulted in about 106 human rights defenders, politicians and others being arrested, and detained, […]
A Red Notice against Trump? – When INTERPOL is asked to intervene against targeted killing – Dr Rutsel Silvestre J Martha
Friday, 4 September 2020 Dr Martha is the principal of Lindeborg Counsellors at Law, a London-based public international law boutique firm, and Fellow Partner of the Lauterpacht Centre for International Law. From 2004 to 2008 he was the General Counsel and Director of Legal Affairs of INTERPOL. His publications on international law include: The Legal Foundations […]
Prospering in the pandemic: the top 100 companies
The first in an FT series on corporate resilience in a year of human and economic devastation