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#marketrigging — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #marketrigging, aggregated by home.social.

  1. Joseph Lim :mastodon: @[email protected] ·

    #NewSilkroutes #marketrigging scheme: Prosecution alleges Goh Jin Hian was mastermind
    "devised as "a quick & convenient way" to facilitate co's expans'n by acqr'g oth cos & to raise capital.. Per court, Goh asked Teo to find a mkt maker to support e #shareprice, & GTC was hired to artificially push up e price fr 28.5c to target of 50c.. scale of mkt rigging was #significant, w "great distortion" caused.. orders executed by Teo, Huang & Goh acct'ed for 29% of tot mkt vol"
    asiaone.com/singapore/new-silk

    #newsilkroutes #marketrigging #shareprice #significant