Aspial
Aspial Lifestyle raises S$84.8 million at S$0.402 apiece
S$60 million is from a private placement while S$24.8 million will be obtained from a preferential offering
Aspial Lifestyle proposes S$84.8 million rights and placement issue to fund pawnbroking, lending businesses
Under the preferential offering, 61.7 million new shares will be offered to eligible shareholders
Aspial Lifestyle moving to SGX mainboard on May 4 after meeting public float requirement
Parent Aspial Corp divests 10 million shares, raising subsidiary’s public float above 15%
Aspial Lifestyle prices S$28 million in fixed-rate notes due 2029 at 5.1%
Net proceeds will be used to refinance existing borrowings and fund investments, among others
Aspial Lifestyle proposes transfer to SGX mainboard
The group is eyeing access to equity and debt capital markets in a move aimed at supporting its future funding requirements
Aspial Corp H2 profit rises 34% on subsidiary’s strong performance but no dividend declared
For the full year, the group’s net profit surges 514% to S$21.5 million, up from S$3.5 million.
Singaporeans flock to gold despite record-high prices ahead of Chinese New Year
Analysts attribute recent spikes in retail demand to wealth-preservation seeking rather than festive buying
SGX-listed gold-linked counters fall on precious metal’s decade-worst plunge
Market watchers expect volatility in the yellow metal to continue in the near term
Aspial Corp, Koh family-linked entity move to privatise AF Global for S$31.8 million as it sells stake in Knight Frank Singapore
The offeror, AFG Investment, is looking to acquire a 27.35% stake in the mainboard-listed hospitality player for S$0.11 per share
From black sand bangles to Cartier’s new flexible Love bracelet: Luxurious accessories you can’t ignore
Fashion brands and jewellers alike are offering enticing new creations
