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Aspen (Group) Holdings Limited Modifies Agreement for Key Development Project

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Aspen (Group) Holdings Limited Modifies Agreement for Key Development Project

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Aspen (Group) Holdings Ltd. ( (SG:1F3) ) has shared an announcement.

Aspen (Group) Holdings Limited has announced the execution of a Supplemental Agreement involving its subsidiaries and Hong Hong Distribution Sdn. Bhd. The agreement modifies certain terms of a Sale and Purchase Agreement related to a mixed-development project in Tanjong Bungah, Penang. The project involves significant financial arrangements, including payments to Hong Hong Distribution based on the gross development value of the project. This development is crucial for Aspen’s operations as it involves a strategic project in a key location, potentially impacting the company’s market positioning and stakeholder interests.

More about Aspen (Group) Holdings Ltd.

Aspen (Group) Holdings Limited is a company incorporated in Singapore, operating through its subsidiaries in the real estate development industry. The company focuses on mixed-development projects, which include residential, commercial, and retail units.

Average Trading Volume: 362,720

Technical Sentiment Signal: Sell

Current Market Cap: S$44.41M

For an in-depth examination of 1F3 stock, go to TipRanks’ Overview page.

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