ISR’s shareholder Ooi ceases to be substantial owner with another sale

SINGAPORE (April 5): ISR Capital’s third largest shareholder Ooi Wooi Jing has ceased to be a substantial shareholder following yet another round of selling at an ever lower price level.

On April 3, Ooi sold 45 million shares at an average of 0.644 cents per share, which brings down his stake in the company to 4.67%. He is left with 96.5 million shares.

Most recently, on March 31, Ooi sold 28.5 million shares in the open market at an average price of 0.7 cents.

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