Duo guilty in penny stock crash


Facing the law: Soh (left) and Quah. — The Straits Times/ANN

Malaysian businessman John Soh Chee Wen and his girlfriend Quah Su-Ling were convicted as masterminds of Singapore’s most serious case of market manipulation that wiped out more than S$8bil (RM25.2bil) from the Singapore stock market in October 2013.

High Court judge Hoo Sheau Peng yesterday found Soh guilty of 180 charges of the 188 he was facing, while Quah was convicted on 169 of 178 she faced.

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