Jasper Investments (SG:FQ7) has released an update.
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Jasper Investments Limited has announced a further extension of the long-stop date for its convertible loan note issue, which allows its CEO Dennis Goh Hao Kwang to convert a S$250,000 loan into up to 230,303,030 new ordinary shares. The extended deadline of November 30, 2024, is to provide the company with additional time to complete necessary formalities and obtain shareholder approval. Other than the extended deadline, all other terms of the original subscription agreement remain unchanged.
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