Aspial Corporation

The expected loss is due to losses incurred for its real estate business.

On the same day, Aspial Corporation reported a loss of $14.7 million for the FY2022, down from the $363,000 loss in the FY2021.

The group says it foresees itself entering into the transactions in its ordinary course of business.

In a rare occurrence, Sing Holdings and Aspial Corporation were tied as joint winners for best earnings growth.

Holders of new shares in Aspial are entitled to FY2019 dividend of 0.25 cents per share.

SINGAPORE (May 9): Aspial Corp, the property and and pawnbroking group, saw earnings for the 1Q ended March rise 20% to $7.6 million from $6.3 million a year ago on a surge in revenue despite netting a foreign exchange (forex) loss over the quarter.

SINGAPORE (Mar 27): World Class Global (WCG), the property arm of Aspial Corporation, says it has received net sales proceeds totalling A$69.0 million ($69.9 million), following the settlements by purchasers of 134 completed residential units.

SINGAPORE (Feb 27): World Class Global, 80% owned by jeweller Aspial Corp, is handing over the first phase of its Avant property development project in Melbourne, Australia.

SINGAPORE (Feb 26): Aspial Corporation saw its full-year earnings more than double to $2.3 million for the FY17 ended December, from $1.1 million a year ago.