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An update from AF Global Limited ( (SG:L38) ) is now available.
AF Global Limited has announced that AFG Investment Pte. Ltd. intends to acquire all issued ordinary shares of the company not already held by Aspial Corporation Limited and its controlling shareholder, via a court-sanctioned scheme of arrangement under Singapore takeover regulations. Ahead of a shareholder vote on the proposal scheduled for 5 February 2026, the company will hold an in-person dialogue session on 27 January 2026, moderated by the Securities Investors Association (Singapore), where the chief executive and group financial controller will present details of the scheme and address shareholder questions, underscoring efforts to engage minority investors and clarify the implications of the proposed buyout.
More about AF Global Limited
Average Trading Volume: 152,136
Technical Sentiment Signal: Buy
Current Market Cap: S$115.1M
See more data about L38 stock on TipRanks’ Stock Analysis page.