By Lee Su Shyan, Assistant Money Editor

THE Jade Technologies buyout debacle had a dramatic sequel yesterday when the man behind the takeover and his advisers - his lawyer and OCBC Bank - were rapped over the knuckles by regulators.

Former Jade president Anthony Soh, who engineered the takeover, has been barred by the Securities Industries Council (SIC) from making any takeover offers for five years from yesterday.

Dr Soh also cannot trade shares on the Singapore Exchange without SIC consent for three years, or serve as a director of any listed company for five years.

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