SINGAPORE PENNY STOCKS SAGA

penny stocks saga

Dear readers, the hearing of the 2013 penny stocks saga involving Blumont, Asiasons Capital (now called Attilan) and LionGold will resume this week (from what I have read from The Edge magazine).

The penny stocks saga in 2013 wiped off some $8 billion from the Singapore stocks exchange after which the local authorities have stepped up some regulatory controls to prevent incidents like the saga from happening again.

I am eager to find out how the penny stocks saga really happened. I am saddened at the loss of hard-earned monies by investors affected by the penny stocks saga.

That’s it for my insights today.  I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! I also run another blog Singapore Stocks Investing with similar useful insights! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!


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