Jasper Investments (SG:FQ7) has released an update.
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Salt Investments Limited, previously known as Jasper Investments, has received approval from the Singapore Exchange for the listing of over 19 billion new shares. This move is part of a strategic fundraising and debt capitalization effort aimed at supporting the company’s operational and strategic goals, including the acquisition of a majority stake in Prosper Excel Engineering. The issuance involves shares to new investors, directors, and the CEO, as well as a convertible loan note arrangement.
For further insights into SG:FQ7 stock, check out TipRanks’ Stock Analysis page.