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Brief: ISR Capital updates on legal proceedings

Jan 7 (Reuters) - ISR Capital Ltd  ISRC.SI : 
 * Says filing of defence and counterclaim by kingsbridge capital pte ltd 
 * Co is in consultation with its legal advisor and will take such steps as necessary to reply to the defence and defend the counterclaim 
 * Says considers the defence and counterclaim to be without merit 
 * Defendant filed defence and counterclaim claiming damages for alleged breaches of plaintiff's obligations under service agreement 
 * Says defence and counterclaim is not expected to have any material impact on the operations of the company 
 * Source text for Eikon  ID:nSNZc2Ffj5  
 
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