Welcome!
Aspial Corp
Insider moves
Aspial in active buybacks; Wilmar’s independent director Mahbubani cuts stake
Aspial sees 'increasing traction' in the sale of its remaining units in the Australia 108 development
April 05, 2023
Company in the news
Aspial Corp to sell jewellery businesses to subsidiary Maxi-Cash for up to $99.8 million
The Koh family control these various entities.
July 08, 2022
Regulatory Action
MAS imposes civil penalty of $100,000 on individual for false trading of Aspial and Far East Orchard shares
Tan had pledged her Aspial and Far East Orchard shares as collateral for share margin purposes.
May 11, 2022
Debt and defaults
Debt danger lurks in Covid-19 shadow
More companies in danger of default given higher leverage, weaker balance sheets and greater risk of liquidity crunch amid the pandemic
May 29, 2020
Results
Aspial reports 40% drop in 1Q earnings to $4.6 mil on lower sales
SINGAPORE (May 9): Aspial Corp reported a 40% drop in 1Q19 earnings to $4.6 million, or 0.24 cents per share, from $7.6 million a year ago.
May 09, 2019
Property
Melbourne developments by Fragrance and Aspial see contrasting fortunes
(Apr 4): A downturn in Melbourne's property market has resulted in the contrasting fortunes of condos built by the Koh brothers.
April 04, 2018
In print this week
Even as property market stirs, Fragrance’s Koh sees little value in current land prices
SINGAPORE (Mar 12): Koh Wee Meng, the billionaire real estate tycoon best known for developing a string of budget hotels in Geylang, is as unassuming as they come. Clad in a simple black suit and a white shirt open at the collar, the chairman and CEO of F
March 09, 2018
TES 800th Issue
10 stocks with the highest returns since The Edge Singapore first went to print
SINGAPORE (Oct 6): The 800th issue of The Edge Singapore this week features 10 companies with the highest returns since our first issue was published in March 2002.
October 06, 2017
Aspial half-year losses narrow to $0.2 mil
SINGAPORE (Aug 9): Aspial Corp, the jewellery retail, property and financial services group, reported half-year losses narrowed to $0.2 million from $3.3 million a year ago.
August 09, 2017
In print this week
Will there be trouble down under for World Class Global?
SINGAPORE (June 30): Shares in World Class Global (WCG) were sold at 26 cents each at its recent IPO – more than twice the company’s net asset value (NAV) of 11.4 cents a share.
June 30, 2017