$Salt Investments - watch list (FQ7.SG)$ A group of investor...
A group of investors led by renowned Singapore Inc figure Koh Boon Hwee and fund manager Terence Wong, will be investing some $9 million in Jasper Investments.
The investment, which involves the placement of new shares and warrants, will help to expand Jasper's core business as well as invest in new capabilities.
According to Jasper Investments, whose executive chairman and CEO is Dennis Goh, it will work with Prosper Excel Engineering to bring in profitable or revenue-generating marine assets or businesses to grow its core business.
Jasper Investments will also partner with Lyte Ventures, to help "digitalise" the maritime industry via new AI-empowered capabilities to improve productivity and grow earnings.
The company has ambitions too, to "allocate capital" among maritime companies, making its decisions based on impending inflexion points in the traditionally cyclical industry.
According to Jasper Investments, among others, it is placing out some 6.2 billion new shares at 0.15 cent each. The new shares will come with warrants at a ratio of 1 for each 2 new placement shares.
The warrants can be immediately exercised at 0.3 cent.
Koh, who is also chairman of SGX, among his many other appointments, is investing in this via Black Kite Investment.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Moo Contributor
Follow me to get useful analysis, learn TA and make profitable trades.
Maximise profit 利润最大化
8383Followers
48Following
27KVisitors
Follow
Onglaifafa : Wasted bro i wanted to buy 4millions units at 0.003 but didn’t![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
any idea how high will it go?
71617007 Onglaifafa : 1.00
bullrider_21 OP Onglaifafa : I have no idea how much it's worth. High risk, high reward play. A 0.001 rise is a lot of profit. A 0.001 drop is also a big loss. Maybe Yoma is a safer bet.