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Goh Jin Hian, son of PM Goh Chok Tong, may only pay heavy fine for insider trading. Read this no signboard ceo judgement
- Thread starter gingerlyn
- Start date
SINGAPORE: The former executive chairman and CEO of restaurant operator No Signboard Holdings was fined S$420,000 (US$317,000) on Friday (Nov 1) for price rigging offences.
Lim Yong Sim pleaded guilty to three charges of false trading, said the Singapore Police Force (SPF) in a news release on Friday.
Lim Yong Sim pleaded guilty to three charges of false trading, said the Singapore Police Force (SPF) in a news release on Friday.
The laws do not apply to foreigners and rich Sinkies.
No signboard handed 3 charges. Young Goat 39 charges.
Young Goat's financial controller who was handed similar charges is already serving jail sentence. The Court needs to flip the SFA and Penal Code to allow Young Goat to avoid a jail sentence. The financial controller will look like an idiot if Young Goat escapes a jail sentence. Pleading guilty does not pay.
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