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Revisions

Brokerages put up trading restrictions on ISR Capital

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Brokerages put up trading restrictions on ISR Capital

PC Lee Published on Fri, Nov 25, 2016 / 7:53 AM GMT+8

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SINGAPORE (Nov 25): Several local brokerages have put up trading restrictions on ISR Capital on fears of a massive selldown of its shares.

On Thursday, KGI Securities restricted purchases of the stock by its clients to $50,000 each. Its clients are also required to trade the stock through their brokers instead of via the firm’s online trading platform.

Other brokers that have such trading restrictions in place include Maybank Kim Eng, OCBC Securities, CIMB, Lim & Tan and RHB Securities.

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