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Salt Investments aims to raise $4.8 mil placing out new shares at 0.275 cent

The Edge Singapore
The Edge Singapore • 1 min read
Salt Investments aims to raise $4.8 mil placing out new shares at 0.275 cent
Salt Investments, led by CEO Dennis Goh, is trying to improve how the marine industry functions / Photo: Albert Chua of The Edge Singapore
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Salt Investments plans to fund business expansion by raising some $4.8 million placing out around 1.75 billion new shares at 0.275 cent each.

At 0.275 cent, that's a discount of 8.3% off the last traded price of 0.3 cent.

Assuming all shares are taken, Salt Investments' share base will increase by 6.71% to more than 26 billion shares, and on a pro forma basis, lift the NTA per share from 0.0836 cent to 0.0965 cent assuming the shares were issued on April 1 2025.

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