SeaPRwire

FAMEEX Embracing Regulation and Compliance with New Headquarters Announcement in Australia

pandora
4 minutes

NORTH PARRAMATTA, Australia, March 1, 2022 – (SEAPRWire) -2021 was a roller coaster for the cryptocurrency circle and it is not just about the value of the digital assets . The compliance standards and regulations across the globe from China to the United States have mounted huge pressure on the trading platforms. Based in city-state Singapore since its launch in late 2019, FAMEEX announced its new operational headquarters will soon move to Australia in order to continue complying with sanctions laws and regulations administered by the governments across the globe. FAMEEX Welcomes Regulations The young exchange FAMEEX has dedicated to providing safe and straightforward trading experience for more than two years. Despite crypto investors may not be familiar with the platform yet, FAMEEX continues to improve its products, services and campaigns with rigorous coin-listing rules and a wide range of marketing events. Strict rules show FAMEEX’s commitment to a secure investment environment while the enjoyable campaigns intend to communicate the company’s philosophy that crypto is here for everyone who believes in a decentralized world instead of an exclusive way to earn money for tech-sa...

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ITE murder: Retiree who stabbed ex-wife sentenced to life imprisonment

aseanpr
4 minutes

SINGAPORE - A retiree who stabbed his former wife to death in a carpark at the Institute of Technical Education (ITE) College Central campus was sentenced to life imprisonment on Wednesday (Sept 22). Seet Cher Hng was convicted of a reduced murder charge last week, after he indicated that he would not be contesting the charge. The 69-year-old had been demanding money from his former wife, Ms Low Hwee Geok, 56, before the incident. He believed the money was due to him after their divorce. The High Court heard that he had even engraved on a knife dates on which he believed he had caught her having an affair. The knife was one of three that he took along with him when he ambushed Ms Low at the Ang Mo Kio campus and confronted her inside her car at about 7.30pm on July 19, 2018. A struggle ensued and as she tried to get away from him, he stabbed her eight times. He then stabbed himself 13 times on his upper torso and collapsed on top of her. It was revealed in court that he told passers-by "let me die, don't save me". A forensic pathologist said each of the three wounds to Ms Low's left upper chest, left mid-back and left lower back was sufficient to cause death. He was initially charg...

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ITE College Central murder: Retiree admits stabbing ex-wife, prosecutors ‘not objecting’ to life term

aseanpr
4 minutes

SINGAPORE - A 69-year-old man who stabbed and slashed his former wife eight times at the Institute of Technical Education (ITE) College Central campus was convicted of a reduced murder charge on Tuesday (Sept 14). The High Court heard that Seet Cher Hng, a retiree, stabbed himself 13 times with the same knife after attacking Ms Low Hwee Geok, 56, at the carpark of the Ang Mo Kio campus on the evening of July 19, 2018. Seet was initially charged with murder under Section 300(a) of the Penal Code, which carries the mandatory death penalty. Last month, the prosecution amended the charge to Section 300(c) for murder by intentionally causing fatal injuries to Ms Low. The charge carries the death penalty or life imprisonment. On Tuesday, prosecutors told the court that it will not be objecting to a life sentence for Seet. Seet did not contest the amended charge and calmly told the court: "I wish to plead guilty and don't wish to give evidence." At the time of the murder, Seet was retired from his job at the ITE Headquarters and relied on monthly Central Provident Fund payouts. Ms Low was a divisional director of the examinations division at ITE College Central. The couple married on Apri...

SeaPRwire

A year in jail for man who burned maid’s left forearm with heated metal spatula

aseanpr
3 minutes

SINGAPORE - After a drinking session, an intoxicated man picked up a heated metal spatula and used it to burn his domestic helper's left forearm on Oct 18, 2018. Rajamanickam Suresh Kumar came home drunk again the next day and pulled the woman's left wrist before pushing her into her room. The 35-year-old offender was on Tuesday (Aug 17) sentenced to a year's jail. After a trial, District Judge Ronald Gwee had earlier found him guilty of one count each of assaulting and using criminal force on Indian national Vadivel Gowthami. Deputy Public Prosecutor Thiagesh Sukumaran had said in his submissions that Rajamanickam's wife was Ms Vadivel's employer. It was the maid's first time in Singapore and she did not know anyone here except for her husband's aunt who also worked as a domestic helper. Ms Vadivel, who earned $400 a month, started working at Rajamanickam's Jurong West flat in April 2018. She worked six days a week and was tasked to perform chores including cleaning and cooking. The DPP said that the maid later stated that she felt tired every day. She lodged a complaint to her agent in July 2018, stating that she wanted to return to India. Soon after, the agent told Rajamanickam'...

SeaPRwire

6 years and 10 months’ jail for man who took part in staged heist involving $418,000

aseanpr
3 minutes

SINGAPORE - A man who took part in a staged robbery involving $418,000 in cash was sentenced on Friday (March 26) to six years and 10 months' jail. Joshua John Foo Kuo-Li had faced a slew of charges before pleading guilty in a district court earlier this month to one count of cheating linked to the staged heist and two unrelated assault charges. The 25-year-old Singaporean also admitted to a criminal intimidation charge and seven drug-related offences. The court heard that Foo had worked with 28-year-old Ernest Leong Zhang Sheng to stage the heist in 2019. Leong was then engaged as a courier for Royston Lim Swee Sheng, a 39-year-old who was involved in the illicit money-changing trade. In proceedings which took place earlier, Deputy Public Prosecutor Sunil Nair said that on Feb 19 that year, Leong travelled to South Korea with two other couriers - Ng Yu Jie, 22, and Hong Jing Hui, 28 - to physically transport $418,000 to Singapore. While in the country, a man handed Ng the money. He then split the sum among the three couriers for ease of transportation to Singapore. Leong, who wanted to keep the money for himself, called Foo three days later and told him of the plan to cheat Lim by...

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Doctor jailed and caned for assaulting girlfriend no longer allowed to practise

aseanpr
3 minutes

SINGAPORE - The doctor who was convicted last year of physically assaulting his then girlfriend, leaving her with a brain haemorrhage and fractures, has been struck off the Register of Medical Practitioners. Clarence Teo Shun Jie was referred to the Singapore Medical Council's disciplinary tribunal last year, soon after his sentencing in June which saw him receive three years, six months and two weeks' jail, with four strokes of the cane and a fine of $4,000. Under the Medical Registration Act, a medical practitioner convicted of a crime that implies "a defect in character which makes him unfit to practise medicine" may be referred to the disciplinary tribunal. Punishment can include fines, suspensions and removal from the register of medical practitioners. Teo, who was a locum, physically assaulted his then girlfriend on several occasions in 2017. He had met the victim in February that year on a dating app. About a month later, during an argument, Teo assaulted her for the first time. He did it again later that month and a third time in August 2017, assaulting her in his flat. He locked her in a room and repeatedly assaulted her when she refused to have sexual intercourse with him...

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8½ years’ jail for woman who abused family friend

aseanpr
5 minutes

SINGAPORE - A 34-year-old woman has become the fifth person from her family to be sent to jail over offences involving a mildly intellectually disabled friend who was treated as a slave and physically abused until she almost died. Haslinda Ismail was sentenced on Wednesday (Feb 3) to 8½ years' jail after she pleaded guilty last month to two counts of voluntarily causing hurt and one count of twisting the victim's toe with a pair of pliers until it fractured. She is out on $30,000 bail and will surrender herself at the State Courts on March 1 to begin her sentence. She had splashed hot water on the victim, now 30, scalding her stomach, thigh and groin. She also used a hammer to strike the victim's mouth, causing her to lose two teeth. On another occasion, Haslinda urinated into a packet of hor fun and forced the victim to eat the soiled food. The famished woman complied. Haslinda's sister, Hasniza Ismail, 40, who committed acts such as chaining the victim up to a metal plate fixed to a wall and hitting her with a baseball bat, was sentenced to three years' jail on Monday. She was also ordered to pay $1,000 in compensation to the victim. Their two brothers, Muhammad Iskandar Ismail, ...

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Top Glove shares sink on news of whistle-blower’s dismissal

elean
3 minutes

Shares of Top Glove sank to a three-month low yesterday following news that the world's biggest glove maker had fired a whistle-blower before the Covid-19 outbreak at its factories. The mainboard-listed counter tumbled as much as 5.7 per cent to $2.15 at around 9.57am on the Singapore bourse. The last time the counter closed below this level was on Sept 10 at $2.13. The stock recovered slightly to close at $2.19 yesterday, or 3.95 per cent lower with 5.37 million shares changing hands. A Top Glove employee in Malaysia had taken two photos in May of his co-workers crowding into one of the company's factories, but was fired in September for sharing them, Reuters reported on Sunday. The photos showed dozens of workers lined up less than 1m apart to have their temperatures checked before starting their night shift. Although the company required everyone to wear masks and gloves, the whistle-blower and five other workers told Reuters that social distancing was not enforced or followed outside the factory. Almost three months later, Top Glove's complex of factories and dormitories in Klang has become Malaysia's largest Covid-19 cluster with more than 5,000 infections, the authorities sai...

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The secret of Estee Lauder’s success

elean
6 minutes

(BLOOMBERG) - In the midst of taking Estee Lauder public in 1995, Mr Leonard Lauder, the company's then chairman and chief executive, fielded a question from an investment banker during the roadshow. "If your products are so good," the banker asked Mr Lauder, then in his 60s, "why do you have so many lines on your face?" Fortunately, Mr Lauder writes in his new book, The Company I Keep: My Life In Beauty, "my wrinkles didn't deter investors". His comeback came in the stock's debut. It opened at US$26 a share and climbed to US$34.50 in its first day of trading. He hasn't quite written an autobiography; there isn't much discussion of his personal life, friends, travels or lifestyle. Most of the names you'll find in the book are hard-working employees whom Mr Lauder singles out for praise, various industry competitors and luminaries with whom he has collaborated in various industries. Aside from his mother, father, first wife Evelyn, and second wife Judy, even Mr Lauder's relatives don't get much print. Of his younger son Gary, who chose not to join the family business, Mr Lauder writes that "Gary has a dedicated sense of philanthropy and doing his own thing" and leaves it at that. Bu...