AF Global Limited gains court nod for share acquisition scheme

SGX Filings

Mar 27

AF Global Limited announced that the High Court of Singapore sanctioned its proposed scheme of arrangement to acquire all issued shares not already held by Aspial Corporation Limited and Koh Wee Meng on Mar, 27 2026.

The scheme will become effective and binding once the court order is lodged with the Accounting and Corporate Regulatory Authority of Singapore, provided all remaining conditions are met or waived.

According to the indicative timetable, the last day of trading of AF Global Limited shares is expected on or around Apr, 1 2026, with trading suspended from 09:00 on Apr, 2 2026. The books closure date is set for Apr, 13 2026, followed by an expected effective date of Apr, 14 2026. Payment of the scheme consideration is slated for Apr, 23 2026, and delisting from the Singapore Exchange is targeted for Apr, 24 2026, subject to final approvals.

The board stated that it has taken reasonable care to ensure the accuracy of the information provided and assumes responsibility for the announcement.

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