Aspial Lifestyle Limited announced on Dec, 24 2025 that it has entered into interested person transactions (IPTs) totalling about 11.5 million Singapore dollars for the financial year ending Dec, 31 2025.

The largest item was a 1.5 million Singapore dollars joint-venture investment in Maxi Capital Wealth Holding (MCW), funded by share subscriptions of 0.9 million Singapore dollars from parent Aspial Corporation and 0.6 million Singapore dollars from wholly owned unit Maxi-Cash Capital Management. MCW then used the proceeds to acquire Maxi Capital Financial from Maxi-Cash Capital Management for the same amount.

Other IPTs included 2.5 million Singapore dollars of management services provided by Aspial Corporation, 0.28 million Singapore dollars in lease payments to World Class Global Group, 0.26 million Singapore dollars of management fees to the World Class Global and World Class Land groups, and 0.12 million Singapore dollars of lease payments to AF Global Group.

The company’s directors and related parties also subscribed for or exchanged Aspial Lifestyle bonds with aggregate principal and fee considerations of about 5.3 million Singapore dollars during the period.

Excluding the joint-venture investment, IPTs amounted to roughly 10.0 million Singapore dollars, or 4.36 per cent of Aspial Lifestyle’s latest audited net tangible assets of 228.4 million Singapore dollars, below the 5 per cent threshold that would require shareholder approval under Singapore Exchange Catalist rules.

The audit committee said the transactions were conducted on normal commercial terms and were not prejudicial to minority shareholders.