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Jasper Investments Records US$289.1 Million Loss For FY15
Daily Bulletin | 09 July 2015
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Jasper Investments registered a revenue of US$75,000 for FY15 after the disposal of its subsidiaries in February 2015.

As a result, the group incurred a loss of US$289.1 million in FY15 against a net loss of US$33.5 million in FY14.

Following the disposal of the group’s loss-making subsidiaries, total assets shrank by US$471.2 million to US$0.6 million.

Going forward, the company will continue to focus on growth and expansion by seeking additional investment opportunities including provision of drilling management services, strategic investments and business alliances.

Jasper Investments  -- -- --   
Business: Principally invests in the offshore oil and gas drilling and svcs sector - key subsi, Jasper Offshore, owns oil rigs for deep sea drilling that are contracted out for exploration and pdtn activities.

Insight: May-19, FY19, Co did not register any revenue for ... Read More


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