Aspial sells 60% stake in Maxi Capital Wealth, JV sets up AFG East

SGX Filings

Aug 07

Aspial Corporation Limited announced that on May, 05 2026 it divested its 60% equity interest in Maxi Capital Wealth Holding Pte. Ltd. to its joint venture company AF Global Pte. Ltd. for approximately 1.86 million Singapore dollars, after which Maxi Capital Wealth became a 60%-owned subsidiary of AF Global.

On Jun, 08 2026 the joint venture incorporated AFG (East) Pte. Ltd. in Singapore with an issued and paid-up capital of 0.10 million Singapore dollars. AF Global subscribed for 70% of the new company’s equity for about 0.07 million Singapore dollars, while Crimson Ventures Pte. Ltd. and DN Property Investments Pte. Ltd. took 20% and 10% stakes, respectively.

Aspial said the transactions are not expected to have any material impact on the group’s net tangible assets per share or earnings per share for the financial year ending Dec, 31 2026.

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Ltd. took 20% and 10% stakes, respectively.</p>\n<p>Aspial said the transactions are not expected to have any material impact on the group’s net tangible assets per share or earnings per share for the financial year ending Dec, 31 2026.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"A30.SI","symbol_name":"利华控股","start_time":0,"source_url":"","article_id":"1152435765","we_media_id":"1083912268","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1152435765","pubTimestamp":1786115560,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"SGX Filings","introduction":"Fastest News on SGX Filings ","home_visible":1,"id":"1083912268","head_image":"https://community-static.tradeup.com/news/57d1beae95c40ebe9f2698a436562e39"},"summary":"Aspial Corporation Limited announced that on May, 05 2026 it divested its 60% equity interest in Maxi Capital Wealth Holding Pte. 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