Salt Investments Completes Placement of 1.75 Billion Shares; Shares Surge 33%

MT Newswires

05/11

Salt Investments (SGX:FQ7) completed the placement of 1.75 billion shares at SG$0.00275 per share, according to a Friday filing with the Singapore Exchange.

Shares of the marine and shipping company zoomed over 33% in Monday trading.

The new shares are expected to be listed and quoted on May 12, with trading slated to commence on the same day.

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