High Quality Content by WIKIPEDIA articles! Tan Kok Liang was an accountant and the financial director of Pan-Electric Industries Pan-El. He was also the director of Pan-El's subsidiary Orange Grove Property, the company responsible for making the many forward share purchase contracts that led to Pan-El's collapse in 1985. Tan was also a director of Pan El's largest shareholder, Growth Industrial, and its subsidiary Trans Eastern. During the trial of Tan Koon Swan, the prosecution alleged that...
High Quality Content by WIKIPEDIA articles! Tan Kok Liang was an accountant and the financial director of Pan-Electric Industries Pan-El. He was also the director of Pan-El's subsidiary Orange Grove Property, the company responsible for making the many forward share purchase contracts that led to Pan-El's collapse in 1985. Tan was also a director of Pan El's largest shareholder, Growth Industrial, and its subsidiary Trans Eastern. During the trial of Tan Koon Swan, the prosecution alleged that the two Tans, who are unrelated, colluded to artificially raise the price of securities of Grand United Holdings, Supreme Corporation, Ambassador Hotel, and Growth Industrial Holdings in order to facilitate financing for each company.
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