Specifically, the new capital will be used to support the growth in the company's core business in bunkering and trading, oil waste recycling, and oil lubricants.
Salt Investments has raised some $4.8 million placing out new shares at 0.275 cent to investors including Ginko-AGT Global Growth Fund, Lion Global Investors and Value Partners Hong Kong, as well as certain unnamed individuals.
Salt Investments plans to tap this additional capital to speed up its transformation into a scalable, integrated marine and infrastructure platform.
