Tag: Singapore

Three Arrows Capital co-founder Zhu apprehended in Singapore, liquidators say | Reuters

Su Zhu, one of the founders of bankrupt crypto hedge fund Three Arrows Capital, has been apprehended at Changi Airport in Singapore, the company’s liquidators Teneo said on Friday. Zhu will spend four months in prison under an arrest order after he did not comply with an order to cooperate with investigations into Three Arrows Capital, which filed for bankruptcy…

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Singapore spares ‘no effort’ in biggest securities fraud probe, Companies & Markets – THE BUSINESS TIMES

Singapore warned that it’s sparing no effort in its largest securities-fraud probe as it seeks to shore up confidence after an S$8 billion stock rout in 2013…. The white-collar crime agency and the Monetary Authority of Singapore announced in April 2014 they were probing suspected stock-trading irregularities related to Asiasons Capital Ltd, Blumont Group and LionGold Corp. The stocks had…

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Singapore: Biosensors Exec Admits to Insider Trading, Fined $77,000

Ms. Chua Yang Foo, a senior executive of manufacturing company Biosensors, has been fined $77,000 by the Monetary Authority of Singapore for insider trading.  Chua admitted selling the company’s shares while in possession of material, non-public information that she obtained through her position in Biosensors, Straits Times reports. Biosensors, which is listed on the Singapore Exchange Securities Trading (SGX-ST), announced…

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