Username
Password
Forget Password?
  1. Indices
  2. Commodities
  3. Currencies
Straits Times 3,116.17 -8.28 -0.27%
Hang Seng 26,503.93 -17.92 -0.07%
Dow Jones 26,787.36 -29.23 -0.11%
Shanghai Composite 2,991.05 -16.84 -0.56%
Aspial Corporation Acquires World Class Global As Part Of Restructuring
Daily Bulletin | 02 October 2015
Related stocks:
A30
By:

Aspial Corporation has announced the acquisition of 27 million ordinary shares, representing 90 percent of the issued and paid-up share capital of World Class Global from its subsidiary, World Class Land, for a total consideration of approximately $14.4 million.

The acquisition was part of the group’s restructuring exercise and is funded through internal resources. Subsequent to the acquisition, World Class Global will become a direct subsidiary of the Group.

Aspial Corp  0.165 +0.006 +3.77%   
Business: A jewellery retailer with diversified businesses in property development & financial services. [FY17 Turnover] Financial svcs (38.2%), real estate (37.6%), jewellery (24%), others (0.2%).

Insight: Aug-18, 1H18, Co returned to the black with a net ... Read More


Join The Conversation
The Shares Investment editorial team welcomes constructive feedback on our coverage and content. We would also be delighted to answer any questions on the above article. Leave us a comment below, and we'll get back to you shortly!

All Rights Reserved. Pioneers & Leaders (Publishers) Pte Ltd. Best viewed with Mozilla Firefox 3.5 and above.