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Aspial Corporation Limited ( (SG:A30) ) has provided an announcement.
AF Global Limited and AFG Investment Pte. Ltd. have jointly announced the deferment of the court-convened scheme meeting originally scheduled for 5 February 2026, which was to seek shareholder approval for AFG Investment’s proposed acquisition of all AF Global shares not already held by Aspial Corporation and Koh Wee Meng. The delay follows new developments in AF Global’s joint venture investment in Xuzhou, China, which require updates to the previously despatched scheme document, though the scheme consideration being offered to minority shareholders remains unchanged, signalling that while the timetable is affected, the economic terms of the buyout proposal are intact for stakeholders.
The most recent analyst rating on (SG:A30) stock is a Hold with a S$0.12 price target. To see the full list of analyst forecasts on Aspial Corporation Limited stock, see the SG:A30 Stock Forecast page.
More about Aspial Corporation Limited
AF Global Limited is a Singapore-incorporated company whose shares are the subject of a proposed acquisition by AFG Investment Pte. Ltd., excluding shares held by Aspial Corporation Limited and its executive chairman Koh Wee Meng. The transaction is structured as a scheme of arrangement under Singapore’s Companies Act and the Singapore Code on Take-overs and Mergers, targeting the remaining public shareholders of AF Global.
Average Trading Volume: 223,540
Technical Sentiment Signal: Hold
Current Market Cap: S$254.6M
Learn more about A30 stock on TipRanks’ Stock Analysis page.