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Aspen Group seeking to raise US$11m for investments, projects

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Executive director, president & group CEO Murly Manokharan will pledge his shareholding - 63% of the total equity interest of Aspen Vision Group - in favour of the lender, an investment holding company.

Singapore

MALAYSIA-BASED property group Aspen (Group) Holdings is seeking to raise US$11 million from a convertible loan for its investments in two associate companies and other development projects.

Aspen said on Sunday that it has entered into an agreement with Haitong...

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