Robert Stone has agreed to invest up to US$6.4 m for new shares representing a 20% stake in Aenergy, a wholly-owned subsidiary of ISDN Investments which is in turn a wholly-owned subsidiary of ISDN Holdings.
Mr Stone, who is a New Zealand citizen and Singapore permanent resident, is well-known in the Singapore investment community for his investment success -- and a few S-chip picks that have gone awry.
For more, see:
DUTECH HOLDINGS: Robert Stone continues to add shares to his holding
S-chips: Strong buying interest by some investors
ROBERT STONE: "My experience with S-Chips & Chinese listcos - The good, the bad & the ugly"
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