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
iFast prices S$100 million notes due 2029 at 4.328%
Choose bonds over stocks as central banks cut rates, says UBS Wealth Management
Google’s latest data centre raises its investment in Singapore to S$6.7 billion
China’s Great Wall Motor closes European HQ and lays off workers
NYSE resolves glitch that led to volatility pause for dozens of stocks
US: Wall Street opens higher on chip and megacaps boost