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Singapore decisions
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The High Court dismissed Ho Hui Min’s appeal against conviction and sentence for conspiracy to create a false market appearance in RUHL shares.
The High Court allowed the Prosecution’s appeal against sentence for offering securities without a prospectus and substituted a 12-week custodial term.
The High Court increased civil penalties for unauthorised share trading, holding that the District Judge gave too little weight to third-party loss, scale, concealment, and deterrence.
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