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Aspen Group Fully Settles RM105 Million Land Payment Under Supplemental Agreement

Story Highlights
  • Aspen Group has fully paid RM105 million for land under a supplemental agreement.
  • Completion of the land payment secures Aspen’s land position and supports its development pipeline.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Aspen Group Fully Settles RM105 Million Land Payment Under Supplemental Agreement

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The latest announcement is out from Aspen (Group) Holdings Ltd. ( (SG:1F3) ).

Aspen (Group) Holdings Limited has completed payment of the remaining RM52 million balance cash consideration for a parcel of land on 30 January 2026, under a supplemental agreement involving its subsidiaries Aspen Vision Development and Aspen Vision Tanjung with Hong Hong Distribution. This brings the total cash payment for the land to RM105 million, fully settling Aspen’s obligations under the deal and potentially providing greater certainty over its land bank and future development pipeline, while the company has indicated it will update the market on any further material developments related to the transaction.

More about Aspen (Group) Holdings Ltd.

Aspen (Group) Holdings Limited is a Singapore-incorporated investment holding company with operations conducted through its subsidiaries, including Aspen Vision Development Sdn. Bhd. and Aspen Vision Tanjung Sdn. Bhd., which are involved in property-related development activities in Malaysia.

Average Trading Volume: 1,023,512

Technical Sentiment Signal: Sell

Current Market Cap: S$42.25M

Learn more about 1F3 stock on TipRanks’ Stock Analysis page.

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