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Chen Tong
Company in the news
Reenova to exit tantalum venture, to offload concession for US$6 mil
The company paid $4.5 million for the stake
November 10, 2021
Company in the news
Reenova applies for full mining licence for Madagascar rare earth project
The company has appointed UOB Kay Hian to help raise $2.84 million to fund the production
September 21, 2020
Company in the news
ISR Capital still mired in losses in 1Q; to hold EGM for waiver approval in due time
SINGAPORE (May 16): ISR Capital reported 1Q net loss widened to $0.39 million from $0.37 million a year ago.
May 16, 2019
Management & Corporate Governance
SGX RegCo orders ISR Capital to seek shareholders' approval for waiver of condition
SINGAPORE (Jan 10): Singapore Exchange Regulation (SGX RegCo) has ordered the ISR Capital to hold an extraordinary general meeting (EGM) as soon as possible to seek shareholder approval for the waiver of condition related to its acquisition of a mining co
January 10, 2019
Management & Corporate Governance
ISR Capital spurns SGX request to seek shareholder nod for waiver of condition for acquisition
SINGAPORE (Jan 3): ISR Capital has rejected a call by Singapore Exchange for the company to seek shareholder approval for the waiver of a condition precedent to its acquisition of a Madagascar mining asset.
January 03, 2019
M&A
ISR Capital says chairman's statement at EGM mistranslated
SINGAPORE (Nov 1): Just a day after an extraordinary general meeting, Mainboard-listed ISR Capital announced that a statement forecasting profits in three years by executive chairman Chen Tong had been mistranslated by his Chinese-to-English interpreter.
November 01, 2018
M&A
Shareholders approve ISR Capital's bid to acquire Madagascar rare earth asset
SINGAPORE (Oct 30): After two years fraught with controversy, ISR Capital has finally received the shareholder approval to acquire a rare earth mining asset in Madagascar for $3 million. The deal is worth less than a tenth of the $40 million figure first
October 30, 2018
M&A
ISR Capital seeks shareholder approval for acquisition of Madagascar rare-earth mines
SINGAPORE (Oct 15): After much twists and turns in a long-running saga, ISR Capital announced this morning it will convene an EGM on Oct 30 to seek shareholder approval for the acquisition of the rare earth mining concession in Madagascar.
October 15, 2018
In print this week
What’s the link between executive remuneration and performance?
SINGAPORE (May 4): ISR Capital saw its share price collapse 96% y-o-y last year while reporting an 82.8% y-o-y decline in losses to $1.4 million.
May 04, 2018
2013 Penny Stock Crash
ISR chairman Chen Tong raises stake to more than 10%
SINGAPORE (Jan 26): Chen Tong, executive chairman of ISR Capital, has bought shares of the company from the market for the first time on Jan 25.
January 26, 2018