AFG Investment Pte. Ltd. and AF Global Limited jointly announced that the cash consideration of 0.11 Singapore dollars per share for AFG Investment’s planned acquisition of all AF Global ordinary shares not already held by Aspial Corporation Limited and Koh Wee Meng will remain unchanged.
The companies first unveiled the proposed scheme of arrangement on Oct, 8 2025 and issued a revised scheme document on Feb, 23 2026 detailing the terms. In today’s statement, AFG Investment said it does not intend to raise the offer price, making the 0.11 Singapore dollars per share consideration final under Rule 20.2 of the Singapore Code on Take-overs and Mergers.
Shareholders were advised to exercise caution when dealing in AF Global shares and to seek professional advice if in doubt. Queries can be directed to DBS Bank Ltd. during office hours.
The boards of both companies stated they had taken all reasonable care to ensure the accuracy of the information provided in the announcement.
The proposed scheme remains subject to the required approvals and conditions before it can become effective and binding.