ISR slides further as largest shareholder quits board
Singapore
SHARES of ISR Capital extended their losses on Thursday, a day after the company disclosed that David Rigoll, its largest shareholder, has not only resigned as an executive director but breached a moratorium by offloading some of his stake in the open market.
Mr Rigoll, 54, who assumed the position in May last year, was responsible for overseeing the group's investment in the exploration and development of rare earth elements asset.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
London's FTSE 100 extends record streak as UK exits recession
Hot stock: UOI surges to over 6-month high amid heavy trading
Brokers’ take: AEM now in ‘hold’ position for Maybank and DBS
Cordlife says private placement is to address urgent cash needs
TSMC keeps sales growth up in April as AI drives 60% jump
OCBC’s Q1 profit up 5% to S$1.98 billion; CEO confident about 2024