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Jasper Investments ( (SG:FQ7) ) just unveiled an update.
Salt Investments Limited, a company in the maritime, marine, and offshore industry sectors, has been on the watch-list due to consecutive pre-tax losses and low market capitalization. The company announced the acquisition of a 60% shareholding in TT Oil (Singapore) Pte. Ltd., which is expected to diversify income and improve revenue. Additionally, a fundraising initiative aims to raise approximately S$5,750,000 to support sustainable growth. These efforts are part of the company’s strategy to strengthen its financial position and meet listing requirements.
More about Jasper Investments
Current Market Cap: S$63.42M
See more data about FQ7 stock on TipRanks’ Stock Analysis page.