The SGX, with the help of the polkice and the central bank, is probing Blumont, LionGold and AsiaSons, the three companies at the centre of last year's penny-stock crash that led to a sharp fall in trading volume in the city-state's equity market - EPA Photo.
SINGAPORE: Singapore's police force and central bank are looking into suspected trading irregularities in three companies at the centre of last year's penny-stock crash that led to a sharp fall in trading volume in the city-state's equity market.
Share prices in Blumont Group Ltd, LionGold Corp Ltd and Asiasons Ltd plunged last October, wiping out around S$8bil (US$6.35bil) in market value in just two days after huge run-ups.
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