14-08-2015, 07:19 PM
14-08-2015, 07:29 PM
this time he famous, 1st of the kind in singapore! 
SINGAPORE: Anthony Soh Guan Cheow, a medical doctor turned businessman, was on Friday (Aug 14) sentenced to 8 years and 9 months’ jail and fined S$50,000 in connection with a failed takeover bid for Jade Technologies Holdings in 2008.
SINGAPORE: Anthony Soh Guan Cheow, a medical doctor turned businessman, was on Friday (Aug 14) sentenced to 8 years and 9 months’ jail and fined S$50,000 in connection with a failed takeover bid for Jade Technologies Holdings in 2008.
14-08-2015, 09:04 PM
14-08-2015, 10:25 PM
(14-08-2015, 09:04 PM)GPD Wrote: [ -> ]Wow, if he did managed to cash out most of his shares, he could have gotten $50mil of out it. A fine of $50k is peanut. Less than a year later, he will still gets to enjoy his ill-gotten money.
Less than a year later? I thought he got more than 8 years??
15-08-2015, 12:46 AM
(14-08-2015, 10:25 PM)CityFarmer Wrote: [ -> ](14-08-2015, 09:04 PM)GPD Wrote: [ -> ]Wow, if he did managed to cash out most of his shares, he could have gotten $50mil of out it. A fine of $50k is peanut. Less than a year later, he will still gets to enjoy his ill-gotten money.
Less than a year later? I thought he got more than 8 years??
Oh I see wrongly. Thought was 8 months. Well 8 years for $50mil. Still a good bargain.
15-08-2015, 09:59 PM
(15-08-2015, 12:46 AM)GPD Wrote: [ -> ](14-08-2015, 10:25 PM)CityFarmer Wrote: [ -> ](14-08-2015, 09:04 PM)GPD Wrote: [ -> ]Wow, if he did managed to cash out most of his shares, he could have gotten $50mil of out it. A fine of $50k is peanut. Less than a year later, he will still gets to enjoy his ill-gotten money.
Less than a year later? I thought he got more than 8 years??
Oh I see wrongly. Thought was 8 months. Well 8 years for $50mil. Still a good bargain.
I really doubt he can benefit from the offense. I didn't dig in further. It is either the the proceeds has been forfeited or pending further action...
22-10-2016, 04:44 PM