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Jasper Investments ( (SG:FQ7) ) has issued an announcement.
Salt Investments Limited, currently on the financial watch-list, has made significant progress in meeting exit criteria through strategic acquisitions and business diversification. The company completed the acquisition of Prosper Excel Engineering Pte. Ltd., contributing to a revenue of S$2.13 million, and is in the final stages of acquiring 60% of TT Oil (Singapore) Pte. Ltd., which is expected to further enhance revenue and diversify income streams. These efforts, along with digital transformation initiatives, are aimed at improving the company’s financial performance and industry positioning.
More about Jasper Investments
Salt Investments Limited operates in the maritime, marine, and offshore industry sectors, focusing on business diversification and digital transformation. The company aims to expand its core businesses and diversify income streams through strategic acquisitions and collaborations.
Current Market Cap: S$63.42M
See more insights into FQ7 stock on TipRanks’ Stock Analysis page.