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Tong Kooi Ong blogs The saga of Asiasons, Blumont and LionGold continues

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Tong Kooi Ong blogs The saga of Asiasons, Blumont and LionGold continues Empty Tong Kooi Ong blogs The saga of Asiasons, Blumont and LionGold continues

Post by Cals Tue 12 Nov 2013, 21:04

Tong Kooi Ong blogs The saga of Asiasons, Blumont and LionGold continues
Business & Markets 2013
Written by Tong Kooi Ong of theedgemalaysia.com   
Tuesday, 12 November 2013 17:49
AMFRASER, a stockbroking company in Singapore and a subsidiary of AMMB, may have lost between SGD70million to SGD80million from the trading losses of its clients arising from the collapse of the stock prices of the above three companies.  We expect other stockbroking companies to report similar losses soon.

I will keep you updated on the winners and losers. Read more about it in tomorrow's The Edge Financial Daily and The Edge this Saturday.


Tong Kooi Ong is executive chairman of The Edge Media Group. Feedback is welcomed at [You must be registered and logged in to see this link.]
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Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it I’️d have been right perhaps as often as seven out of ten times.”
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