Salt Investments Limited has successfully completed a private placement, raising approximately S$4.8m through the issue of 1,748,233,722 new ordinary shares at S$0.00275 per share. The placement attracted significant interest from institutional investors such as Ginko-AGT Global Growth Fund, Lion Global Investors Ltd, and Value Partners Hong Kong Limited.
The funds will be utilised to bolster Salt’s balance sheet and finance high-return growth initiatives, as the company aims to transform into a scalable, integrated marine and infrastructure platform. This strategic move is designed to enhance long-term shareholder value and accelerate Salt’s operational expansion.
Dennis Goh, Executive Director and CEO of Salt Investments, expressed satisfaction with the new investments, stating, “We are pleased to welcome our new institutional, corporate and high-net-worth shareholders, whose strong endorsement reflects confidence in our strategy to build an integrated, technology-enabled maritime platform.”
The capital injection will support Salt’s core businesses, including fuel supply chain operations such as bunkering and trading, oil waste recycling, and oil lubricants. Additionally, it will facilitate the development of Salt’s maritime tech platform, aiming to address structural gaps in the oil and gas industry and capture growth opportunities.
Salt Investments, listed on the Singapore Exchange, operates in the infrastructure, marine, and offshore sectors. The company combines capital efficiency, operational expertise, and digital innovation to drive sustainable growth across Southeast Asia.
