December 13, 2013 / 2:06 AM / 4 years ago

SINGAPORE PRESS-NY-based firms deny links to penny stock saga - Straits Times

Hedge fund Platinum Partners and financial adviser Jett Capital have rejected suggestions of links between the two firms and a share price dive in three penny counters in October.

Questions have arisen over whether there may be more than meets the eye over a link between the two New York-based firms and the trio, Asiasons Capital, Blumont Group and LionGold Corp <LION.SI >.

NOTE: Reuters has not verified this story and does not vouch for its accuracy. ($1 = 1.2556 Singapore dollars) (Compiled by Saeed Azhar; Editing by Anand Basu)

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