Friday 29 Mar 2024
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SINGAPORE (Sept 30): Ken Tai Chee Ming was a commissioned dealer at AmFraser Securities (now known as KGI Securities Singapore) in 2010 when he was first introduced to Quah Su-Ling and John Soh Chee Wen – the alleged masterminds behind the penny stock crash of 2013.

Within two years, Tai quickly became “a lot more involved” in the duo’s market operations, and was considered part of the “inner circle” of traders that Soh entrusted with more responsibilities. But the relationship soon soured, amid a tale of betrayal and broken promises.

And as the second tranche of hearings for masterminds of the 2013 penny stock crash saga kicked off on Monday, Tai took the stand as a witness for...(click on link for full story on theedgesingapore.com)

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