A CEO of a sports car distributor has been fined for false trading. The fine amount is $210,000.
The offender's actions were motivated by a desire to create the appearance of trading activity in the company's shares. This was done to address concerns about the share counter's inactivity.
Further details about the case are available from the source, including the specific actions taken by the CEO to create "blips" in the price chart and show trading activity.
Local
Cinnabon will be closing its last Singapore outlet at ION Orchard on Sep. 22, 2026. The American bakery chain known for its baked cinnamon rolls with cream cheese frosting topping said on Instagram that the closure marks the end of its “chapter in Singapore”. “Until then, the ove...
government
On Sep. 6, German politics experienced what its Chancellor called a “tectonic shift” as the AfD, or Alternative für Deutschland (Alternative for Germany), won elections in the German federal state of Saxony-Anhalt. The AfD has been labelled right-wing, far right, populist, and ev...
safety
Five persons, aged between 29 and 66, have been identified and interviewed by the police in connection to online comments about the Nepal floods and Singapore Airlines' investment in Air India, the Singapore Police Force (SPF) said in response to media queries. Following the floo...
News
Does having more portfolios mean getting paid more? Does a minister also get the Member of Parliament (MP) allowance too? If you have such questions in mind, here's the answer. The current practice is to pay all political appointment holders one salary package, even if they hold ...
Local
SIA said the two affected flights were diverted to Paris and Munich respectively.
Local
Professional evaluations now support painting over the brick surfaces, Tampines Town Council said.
safety
The police receive on average 90 reports of scams involving $2 million lost daily.
News
For outrage of modesty, an offender can be jailed for up to three years, fined, caned or receive any combination of such punishments.
News
Goh Kim San's lawyers said the CEO acted out of "vanity, not deception" as he disliked the sight of the flat lining of an inactive share counter.
Local
Izna will stage the Singapore leg of their Who Dat Girl? tour on Nov 8.
government
The Housing Board has launched five CCA projects in the past five years, of which three were undersubscribed.
News
Suhaimi Yusof shared photos of the gathering at Hai Ge Ji on his Instagram, including one of Gurmit Singh embracing a tearful Sheikh.
