It was the standing of one of Singapore's most seasoned corporate players, Mr. Ong, who controls about 20% of the Vickers Ballas shares, and one of the island-republic's most powerful woman, Madam Ho, whose Singapore Technologies owns 40% of the firm.

CNN: Business: Failed Merger

When I wrote about Ong Beng Seng's battle on behalf of Vickers Ballas shareholders, I pointed to all sorts of ironies.

CNN: Business: Failed Merger

Last Thursday the U.S. Securities and Exchange commission filed charges against Ballas, an independent contractor with Global Arena Capital Corp.

FORBES: Magazine Article