Former CEO of GS Holdings, firm behind food courts in S’pore, facing false trading charge

Published Nov 04, 2026, 12:59 PM

Updated Nov 04, 2026, 12:59 PM

Former GS Holdings CEO Pang Pok, 68, is charged with false trading over claims he helped create a misleading share price for the Catalist-listed firm.

He and two others, Chong Fatt and Koh Kim Seng, are accused of using three trading accounts to push up share prices between January 2022 and October 2023.

Pang and Chong also face perverting the course of justice charges for deleting text messages; all three will return to court on Dec 2, with bail set and penalties up to seven years' jail.

SINGAPORE – The former chief executive of public-listed GS Holdings, a firm behind several food courts and food centres in Singapore, is facing a charge over allegations of share price manipulation.

Pang Pok, 68, who stepped down as chief executive in 2024, is said to have conspired with two others - Chong Fatt, 60, and Koh Kim Seng, 62 - to create a misleading appearance of the price of GS Holdings, whose shares were traded on the Catalist board of the Singapore Exchange.

It was not stated in court documents what roles Chong and Koh had in GS Holdings.

According to court documents, the three men allegedly pushed up the price of the firm’s securities by using three trading accounts to place orders and execute trades for GS Holdings’ securities between January 2022 and October 2023.

Pang and Chong are also accused of perverting the course of justice by deleting text messages relating to the trades.

All three men did not enter a plea on Nov 4. Their cases were adjourned to Dec 2 for them to engage lawyers.

Pang’s bail amount was set at $120,000, while Chong’s was set at $40,000 and Koh’s at $30,000.

According to SGX filings, GS Holdings changed its name earlier in 2026 to Octopus (APAC) Holdings to represent its ambition to become a leading food and beverage distribution partner in the Asia-Pacific region.

Those convicted of committing false trading can be jailed for up to seven years, fined up to $250,000, or both.

If found guilty of perverting the course of justice, an individual can be jailed for up to seven years, fined, or both.

Nadine Chua is a correspondent covering crime and court at The Straits Times.

发布于 2026 年 11 月 4 日下午 12:59

更新于2026年11月4日下午12:59

前GS Holdings首席执行官彭博（68岁）被控虚假交易，据称他帮助这家在凯利板上市的公司制造了误导性的股价。

他和另外两人 Chong Fatt 和 Koh Kim Seng 被指控在 2022 年 1 月至 2023 年 10 月期间使用三个交易账户推高股价。

庞和钟还面临妨碍司法公正的指控，罪名是删除短信；三人将于 12 月 2 日再次出庭，届时将确定保释金，最高刑罚为七年监禁。

新加坡——新加坡多家美食广场和美食中心的母公司、上市公司GS Holdings的前首席执行官面临操纵股价的指控。

现年 68 岁的彭博（Pang Pok）将于 2024 年卸任首席执行官一职，据称他与另外两人——60 岁的庄发（Chong Fatt）和 62 岁的许金生（Koh Kim Seng）——合谋，制造了 GS Holdings 股价的误导性表象，该公司股票在新加坡交易所凯利板交易。

法庭文件中并未说明 Chong 和 Koh 在 GS Holdings 中担任什么职务。

根据法庭文件，这三名男子涉嫌在 2022 年 1 月至 2023 年 10 月期间，使用三个交易账户对 GS Holdings 的证券进行下单和交易，从而推高了该公司证券的价格。

庞和钟还被指控通过删除与交易有关的短信来妨碍司法公正。

11月4日，这三名男子均未认罪。他们的案件延期至12月2日审理，以便他们聘请律师。

庞的保释金定为 12 万美元，庄的保释金定为 4 万美元，许的保释金定为 3 万美元。

根据新加坡交易所的文件显示，GS Holdings 于 2026 年初更名为 Octopus (APAC) Holdings，以体现其成为亚太地区领先的食品和饮料分销合作伙伴的雄心。

犯有虚假交易罪的人可被判处最高七年监禁，并处以最高 25 万美元的罚款，或两者并罚。

如果被判犯有妨碍司法公正罪，个人可被判处最高七年监禁、罚款或两者并罚。

Nadine Chua是《海峡时报》负责报道犯罪和法庭新闻的记者。