AF Global

M&A

AF Global disposes entire 55% stake in Xuzhou Yinjian LumChang Real Estate Development for $57.6 mil

AF Global’s indirect wholly-owned subsidiary LC Logistics has disposed its entire 55% stake in Xuzhou Yinjian LumChang Real Estate Development Co (XZYJLC) for a consideration of RMB292.8 million (S$57.6 million) on Friday (June 5).

Results

AF Global posts 1Q earnings drop 45% to $1.56 mil

SINGAPORE (May 7): AF Global reported 1Q18 earnings declined by 45% to $1.56 million, compared to $2.84 million in 1Q17.
AF Global Crowne Plaza London Kensington

Results

AF Global's 3Q earnings more than double to $2.3 mil on share of joint venture results

SINGAPORE (Nov 6): AF Global posted earnings of $2.3 million for the 3Q ended September, from $982,000 a year ago. AF Global is a JV between Aspial Corp and Fragrance Group which operates high-end hotels, resorts and serviced residences in Asia and the
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