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.