The Business Times
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New investors buying out Jasper Investment (Amended)

Published Mon, Sep 21, 2015 · 09:50 PM

    Singapore

    TWO new majority investors have launched a bid to buy out the remaining shares in Jasper Investment after taking a controlling stake of over 80 per cent in the vessel management and operations outfit through a S$1.25 million share purchase deal.

    Triton No 9 Pte Ltd and Polaris Nine LLP have concluded a sale and purchase agreement to absorb 80.77 per cent of Jasper Investment from Morton Bay Pte Ltd. The acquisition deal valued shares in Jasper at S$0.0004.

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