Aspial Lifestyle Revises Down Share Sale Price for Mainboard Transfer Plan

MT Newswires

03/12

Aspial Lifestyle (SGX:5UF) said that its controlling shareholder, Aspial (SGX:A30), adjusted the price of a planned share sale to SG$0.31 per share, according to a Thursday filing with the Singapore Exchange.

The price was originally set at SG$0.34 per share but was revised keeping in view the geopolitical situation and recent trading prices.

The proposed sale of shares is part of the company's strategy to facilitate compliance with the public float requirements.

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