Salt Investments (former Jasper Investments)

[winston]

Not vested. From Kim Eng:-

Jasper Investments (JASP SP, $0.065, NOT RATED)

Jasper;s primary asset is a drillship that is currently seeking a charter. The counter’s share price has collapsed following the discontinuation of revenue when it sold its other rig at a loss.

However, with the deep discount to book at a P/BR of just 0.32x, Jasper could be ripe for M&A activity.


http://www.remisiers.org/cms_images/PDF ... QTZ10M.pdf

[winston]

Not vested

Shares of offshore drilling firm Jasper Investments rose as much as 20 percent after it said a key stakeholder will convert existing loans to new equity to help it buy a $180 million rig from Keppel Corp .

[ID:nL3E6NN044] At midday, Jasper shares were up 13.3 percent at S$0.085 on a volume of 11.8 million shares.

Source: Reuters

[winston]

Singapore Hot Stocks-Jasper rises on Temasek investment

SINGAPORE Dec 7 (Reuters) - Shares of Singapore oil and gas services firm Jasper Investments Ltd jumped as much as 13 percent on Wednesday to a near one-month high after it said Singapore state investor Temasek Holdings had become a substantial stakeholder.

At 0217 GMT, shares of Jasper were 9.8 percent higher at S$0.067 with over 2.4 million shares changing hands. This was seven times its average daily volume over the last five sessions.

A unit of Temasek Holdings acquired 41 million shares in Japsper through a placement, increasing its stake in the firm to 5.88 percent, Jasper said in a filing to the stock exchange on Tuesday.

"This has definitely given a boost to Jasper's shares, as investors believe that its business must be fundamentally sound if a large well-known investor like Temasek buys into the stock," said a local dealer.

http://www.reuters.com/article/2011/12/ ... FL20111207

[behappyalways]

Jasper Investments to raise $2.2 mil through proposed subscription of 811.1 mil new shares
https://www.theedgesingapore.com/news/e ... 11-mil-new

[behappyalways]

Jasper Investments surge on $9 million investment from investors led by Koh Boon Hwee, Terence Wong
https://www.theedgesingapore.com/news/c ... ee-terence

[behappyalways]

Jasper Investments to acquire 51% stake in Prosper Excel Engineering, raises another $12.97 million
https://www.theedgesingapore.com/news/m ... 97-million

[behappyalways]

Salt Investments used to be called Jasper Investments


Salt Investments looking for alternative funding after two investors missed placement deadline
https://www.theedgesingapore.com/news/e ... ors-missed

[behappyalways]

The company, previously called Jasper Investments


Salt Investments to raise $7 mil in another placement round at 0.25 cents each
https://www.theedgesingapore.com/capita ... cents-each

[behappyalways]

Salt Investments aims to raise $4.8 mil placing out new shares at 0.275 cent
https://www.theedgesingapore.com/news/e ... -0275-cent