Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Singapore’s MAS Fines Law Firm Employee for Insider Trading

The Monetary Authority of Singapore fined Song Qing, an employee of law firm Shook Lin & Bok LLP, S$50,000 ($41,000) for contravening insider trading laws.

Song bought 40,000 Bright World Precision Machinery Ltd. shares after reviewing the translation of legal documents containing non-public price sensitive information, the central bank said in a statement today. He made a profit of S$1,000 from the share purchase, the regulator said.

Bright World’s share price jumped 80 percent to 66.5 Singapore cents in July 2008 after China Holdings Acquisition Corp. announced its takeover plans, the monetary authority said. Shook Lin was the legal adviser to Bright World’s majority shareholder in the acquisition, according to the central bank.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.