Singapore Edevelopment stock was the top gainer stock on 11 Dec 2015 which rallied by 73.9% to close at $0.04. Singapore Edevelopment stock was a penny stock whose former name is called CCM Holdings. Mr Chan Heng Fai, a former banker who is known as a “white knight” for his experience in turning around companies became CEO of the company; the company was later called Singapore Edevelopment. Under Mr Chan’s leadership, Singapore Edevelopment diversified into IT business and investment in addition to its core property businesses which has a stake in USA and Singapore. Singapore Edevelopment has earlier announced that it would be issuing rights at $0.03 a share and the stock markets apparently did not like this idea then as Singapore Edevelopment’s stock then went all the way to $0.023 on 10 Dec 2015 which was also the date of the extraordinary meeting of Singapore ......