Aspial

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%

The consumer lifestyle group says the notes are part of its S$300 million multicurrency medium-term note programme.

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, which has the Maxi-Cash, Lee Hwa and Goldheart brands in its stable, saw its net profit grow to S$80.7 million in the FY2025 ended December, from S$14.4 million in FY2021.

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

Majority-owned Aspial Lifestyle’s full-year profit more than doubled, leading to it paying a H2 dividend of S$0.008 per share.

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.

UOB forecasts gold to rise to US$5,400 per ounce by the fourth quarter of this year.

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

Bullion retailers and pawnbrokers, whose inventory values are directly tied to spot prices, lost ground.

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 says that the privatisation will offer greater flexibility to manage AF Global and optimise capital resources without the costs and regulatory restrictions associated with a listing on the Singapore Exchange.

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

Shares of Aspial Corporation hit an intraday high of S$0.099 at 1.56 pm, up 13% from their opening price on Friday.
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Aspial Corp jumps 13% after Koh family moves to sell 15 shops for S$71.8 million

Tenants in the East Village units include Liho, Katong Mei Wei Chicken Rice and Hong Kong Street Family Restaurant

Tenants in East Village include Liho, Katong Mei Wei Chicken Rice and Hong Kong Street Family Restaurant.

Koh family behind Aspial Corporation puts 15 East Village retail units up for sale at S$71.8 million

East Village in Bedok comprises 108 retail units on the ground floor and 90 residential units above the retail podium