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Meteoric Singapore Stock Comes Crashing Back to Earth

Meteoric Singapore Stock Comes Crashing Back to Earth

After a spectacular rise for two years, Singapore’s biggest technology company is suddenly returning to earth. All eyes in the country’s financial community have been on Venture Corp., an electronics stock that more than tripled since April 2016 to become -- at one point -- a $6.5 billion firm. Venture Chief Executive Officer Wong Ngit Liong boosted his stake in 2016 -- for the first time in many years -- ahead of the stock rally.