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On 5 August 2025, Goh Kim San (“Goh”), the Executive Chairman and Chief Executive Officer of Eurosports Global Limited (“Eurosports”), a company listed on the SGX Catalist, was charged with the following offences:

1. Five counts of false trading under Section 197(1A)(a) of the Securities and Futures Act, Cap 289 (“SFA”) committed between 2015 and 2020;
2. Six counts of engaging in deceptive practices under Section 201(b) of the SFA read with Section 109 of the Penal Code; and
3. Eight amalgamated counts of failing to disclose interest in Eurosports’ shares under Section 133(1)(g) of the SFA.

Between May 2015 and November 2020, Goh allegedly conducted trades in Eurosports shares knowing that these trades would likely create a false or misleading appearance of active trading in Eurosports shares.

In addition to using his own trading accounts, Goh also allegedly instigated two other individuals to procure three nominee trading accounts to conduct these manipulative trades in Eurosports shares, without the authorisation of the trading firms.

Goh also faces charges for intentionally failing to give written notice to Eurosports of changes in his ownership of Eurosports shares arising from trades conducted in the three nominee trading accounts.

If convicted, Goh faces:

1. Imprisonment of up to seven years, a fine not exceeding $250,000, or both, for each charge under Section 197(1A)(a) of the SFA and Section 201(b) of the SFA; and
   
   
2. Imprisonment of up to two years, a fine of up to $250,000, or both, for each charge under Section 133(1)(g) of the SFA.

For each amalgamated charge for offences committed after 31 October 2018, an individual may face two times that punishment if convicted.