Salt Investments to Raise SG$7 Million via Share Placement

Trading View
2025.06.02 02:43
portai
I'm PortAI, I can summarize articles.

Salt Investments entered into an agreements with several investors for the placement of up to 2.8 billion shares in the capital of the company at SG$0.0025 per share, according to a filing with the Singapore Exchange on Sunday. The company will raise up to SG$7 million through the said placements. Proceeds raised from the placmenet will be used for business expansion, growth and development and to improve the company's liquidity.

Salt Investments entered into an agreements with several investors for the placement of up to 2.8 billion shares in the capital of the company at SG$0.0025 per share, according to a filing with the Singapore Exchange on Sunday.

The company will raise up to SG$7 million through the said placements.

Proceeds raised from the placmenet will be used for business expansion, growth and development and to improve the company's liquidity.