Dear readers, I read of the investment by EDBI, a subsidiary of Singapore’s Economic Development Board into Appier, an artificial intelligence firm. This reminds me of EDB’s investment in another listed Singapore company: QT Vascular. Both Appier and QT Vascular are also listed under EDBI’s portfolio companies (you can refer to the link here for more details).
QT Vascular, currently a penny stock is trading at $0.009 per share which is much lower than the $0.50 over share the stock traded in June 2014. EDB holds a 3.94% in QT Vascular through its subsidiary Bio*One Capital Pte Ltd. I believe if EDB continues to believe in the fundamentals of QT Vascular, this may be a good time to accumulate more shares of QT Vascular; this may also boost confidence in QT Vascular stock.
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