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Stocks to watch: ISR Capital, Perennial, OKP, Roxy-Pacific, HLH, Genting HK

Stocks To Watch

Stocks to watch: ISR Capital, Perennial, OKP, Roxy-Pacific, HLH, Genting HK

PC Lee Published on Tue, Aug 01, 2017 / 8:53 AM GMT+8

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SINGAPORE (Aug 1): Here are some stocks to watch this Tuesday morning:

ISR Capital has entered into a supplemental agreement with vendor REO Magnetic to revise the terms of the acquisition for a 60% stake in Tantalum. Under the supplement agreement, ISR Capital says the total consideration has been revised to $4.5 million which shall be satisfied with the issue of roughly 674.8 million shares at 0.67 cents each. The original agreement was for ISR Capital to wholly satisfy the $40 million acquisition with the issue of shares at 10 cents each to REO Magnetic. Shares in ISR Capital closed at 0.6 cent on Monday.

See: ISR Capital says purchase consideration for 60% stake in Tantalum now revised to $4.5 mil from $40 mil