Investors who have come on board thus far include former SGX chairman Koh Boon Hwee and Terence Wong of Azure Capital.
Salt Investments has raised $7 million from a group of investors by placing out 2.8 billion new shares at 0.25 cents each, a 16.7% discount off its last traded price of 0.3 cents on May 30.
The company, previously called Jasper Investments (SGX:FQ7
) , is in a fund-raising mode, as it seeks to venture into new businesses under new CEO Dennis Goh.
