Jasper Investments (SG:FQ7) has released an update.
Jasper Investments Limited, a maritime-focused firm, has been placed on the watch-list due to consecutive financial losses and low market capitalization. In efforts to meet the exit criteria, the company has established a strategic agreement with Prosper Excel Engineering and is actively seeking additional funding, including a recent capital fund raising of approximately S$9 million. Shareholders are cautioned to consult professionals before trading, as the company works towards improving its financial standing and exiting the watch-list.
For further insights into SG:FQ7 stock, check out TipRanks’ Stock Analysis page.
