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The “BW Resources” stock manipulation scandal

Here’s a story of a company whose stock price rose a staggering 18,025% in one year — from P0.80 in October 1998 to P145.00 in October 1999 — and its consequent crash that almost put the Philippine stock market into collapse.

Who is Dante Tan and what is the Best World (BW) Resources stock scandal? Read on.

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