Chen Tong

2013 Penny Stock Crash

ISR Capital seeking SGX nod to issue new shares for tantalum deal

SINGAPORE (Nov 16): ISR Capital is pushing ahead with its planned acquisition of a stake in a Madagascar tantalum concession, even though it is now tacked with a vastly lowered valuation of just US$48 million ($65.1 million) from more than US$1 billion es

2013 Penny Stock Crash

Chairman Chen Tong says ISR Capital to push ahead with Madagascar acquisition

SINGAPORE (April 28): ISR Capital is going ahead with its planned acquisition of a rare earth concession in Madagascar today, says executive chairman Chen Tong at the company’s annual general meeting held earlier this morning.

2013 Penny Stock Crash

ISR Capital substantial shareholder Abdul Wahid sells again via married deal

SINGAPORE (April 22): Abdul Wahid bin Abdul Ghani, a substantial shareholder of ISR Capital, has sold yet another tranche of shares in the company.

2013 Penny Stock Crash

ISR’s third largest shareholder Ooi pares down stake again

SINGAPORE (April 4): ISR Capital’s third largest shareholder Ooi Wooi Jing has cut down his stake in the company yet again.

2013 Penny Stock Crash

Suspended ISR Capital issues profit warning

SINGAPORE (Feb 10): ISR Capital, linked by prosecutors to John Soh Chee Wen, the alleged mastermind behind the penny stock saga of October 2013, warns it expects to report a net loss for the year ended Dec 2016 when it releases its earnings by March 1.

Update

ISR Capital to commission third valuation report to support acquisition of rare earth concession

SINGAPORE (Dec 7): ISR Capital, whose shares have been suspended by the Singapore Exchange, intends to commission a third valuation report to support its proposed acquisition of a rare earth concession in Madagascar, says executive chairman Chen Tong in a

Second independent director quits ISR Capital

SINGAPORE (Dec 5): ISR Capital has announced the resignation of its second independent director in less than a week.
ISR Capital

ISR Capital brings new investor Chen on board

SINGAPORE (Oct 27): ISR Capital has announced the appointment of Chen Tong, one of its new investors, as its non-independent and non-executive director.

ISR completes first half of $12 mil share placement

SINGAPORE (Oct 20): ISR Capital has completed the first half of its planned $12 million share placement to new investors.

ISR Capital’s new investors pledge not to sell shares for six months

SINGAPORE (Oct 20): All four investors taking part in ISR Capital’s placement have given their moratorium not to sell their newly-issued shares for at least six months, the company announced on Thursday night.
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