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Aspen (Group) Holdings Ltd. ( (SG:1F3) ) has provided an update.
Aspen (Group) Holdings Limited has announced that its subsidiaries Aspen Vision Development and Aspen Vision Tanjung have mutually agreed with Hong Hong Distribution to further extend the deadline for payment of the balance cash consideration for a parcel of land to 28 February 2026, with all other terms of their supplemental agreement remaining unchanged. Separately, Aspen Vision Tanjung and its partners Kerjaya Prospek Ventures and Tanjung Bungah Development have also agreed to extend the unconditional date for their proposed joint venture to the same 28 February 2026 to allow additional time for registration of land titles to the special purpose vehicle, signalling that while timelines are slipping, the underlying land acquisition and joint venture arrangements remain intact and on track to proceed.
More about Aspen (Group) Holdings Ltd.
Aspen (Group) Holdings Limited is a Singapore-incorporated investment holding company with property development operations conducted through subsidiaries such as Aspen Vision Development Sdn. Bhd. and Aspen Vision Tanjung Sdn. Bhd. The group focuses on real estate projects in Malaysia, including land acquisition and joint venture developments with local partners, positioning itself within the regional property development and investment market.
Average Trading Volume: 1,104,933
Technical Sentiment Signal: Sell
Current Market Cap: S$41.16M
For a thorough assessment of 1F3 stock, go to TipRanks’ Stock Analysis page.