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Three men were jailed on Wednesday (Jul 10) after making more than S$8 million from insider trading over seven years, the Monetary Authority of Singapore (MAS) said in a media release. Leong Chee Wai, E Seck Peng Simon and Toh Chew Leong carried out a front-running arrangement over a period of seven years, the court was […]
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 […]
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 […]