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ISR reveals deal adviser's link to vendor in major acquisition

But it says it doesn't view his appointment at REO to be in conflict with the company's interest

Published Mon, Aug 15, 2016 · 09:50 PM
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Singapore

ISR Capital has revealed that it is taking advice on a major acquisition from a corporate adviser whose partner is also a director of the vendor in the deal, according to the company's replies to queries from Singapore Exchange (SGX).

ISR, which first announced a memorandum of understanding to acquire a stake in a Madagascan rare earths mining company from REO Magnetic on May 20, …

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