ISR Capital injects $1.5m in subsidiary Infiniti Asset Management
It's a 500% surge.
According to a release, the Board of Directors of ISR Capital Limited announced that the Company has increased the investment in its wholly owned subsidiary, Infiniti Asset Management by an additional amount of S$1,250,000/- through capitalising part of its outstanding balance owing by IAM.
Following the aforesaid injection, IAM’s paid up capital has been increased from S$250,000/- to S$1,500,000/-.