ISR Capital issues clarification on chairman's comments in Mandarin

Singapore

ISR Capital requested a lifting of its trading halt on Thursday morning after executive chairman Chen Tong issued a clarification to comments he had made in Mandarin, which was translated to English, to shareholders and the press during and following an extraordinary general meeting (EGM) on Tuesday.

This concerned a proposed acquisition of a 60 per cent stake in Tantalum Holding (Mauritius), which holds an exploration licence for a concession in Madagascar. Shareholders approved the acquisition at the meeting.