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Salt Investments Eyes Expansion with TT Oil Stake

Jasper Investments (SG:FQ7) has released an update.

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Salt Investments Limited is eyeing a significant expansion in the Marine & Offshore industry by potentially acquiring a majority stake in TT Oil (Singapore) Pte. Ltd. This move aligns with their strategic focus to enhance their operations and maintenance services, fleet management, and marine supply. The acquisition aims to leverage TT Oil’s established market presence in the wholesale supply of fuels, particularly marine lubricants.

For further insights into SG:FQ7 stock, check out TipRanks’ Stock Analysis page.

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