Jasper Investments to raise $2.2 mil through proposed subscription of 811.1 mil new shares

Jasper Investments is seeking to raise $2.19 million through a proposed subscription of 811.1 million new ordinary shares at an issue price of 0.27 cents per share.

The company, on Feb 20, entered into a subscription agreement with Riau Capital Resources for the issue and allotment of 811.1 million shares in the capital of the company.