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SGX suspends trading in ISR Capital, says it is reviewing trading activities

Sunday, November 27, 2016 - 22:36

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THE Singapore Exchange (SGX) has suspended trading in ISR Capital to "safeguard the interest of the market".

THE Singapore Exchange (SGX) has suspended trading in ISR Capital to "safeguard the interest of the market".

There are circumstances which prevent trading in the company's shares on an informed basis, the exchange said.

"We are reviewing the trading activities in the meantime," the SGX said.

Shares in ISR Capital, formerly known as Asiasons WFG Financial, had more than halved last Thursday following the arrest of a number of individuals under investigation for the 2013 penny stock crash.

ISR, which was under a trading halt, last traded at S$0.127, down S$0.158 or 55 per cent.

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