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Aspen (Group) Holdings Ltd. ( (SG:1F3) ) just unveiled an announcement.
Aspen (Group) Holdings Ltd. held an Extraordinary General Meeting to discuss a major investment in its wholly owned subsidiary, Aspen Vision Land Sdn. Bhd. The meeting addressed the subscription of new shares, resulting in the dilution of Aspen’s shareholding in the subsidiary from 100% to 51%. This strategic move is significant as it constitutes a major disposal under the listing manual, potentially impacting the company’s operations and market positioning.
More about Aspen (Group) Holdings Ltd.
Aspen (Group) Holdings Ltd. is a company incorporated in Singapore, operating in the real estate industry. Its primary focus is on property development and investment, particularly through its subsidiary, Aspen Vision Land Sdn. Bhd.
Average Trading Volume: 1,867,925
Technical Sentiment Signal: Sell
Current Market Cap: S$39M
Learn more about 1F3 stock on TipRanks’ Stock Analysis page.