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Aspial Lifestyle's Private Placement Two Times Covered

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Aspial Lifestyle (SGX:5UF) was informed by its joint placement agents that its private placement of about 149.3 million shares at SG$0.402 per share was two times covered, according to a Monday bourse filing.

The shares were listed and quoted on the same day, with trading commencing on the same day.

The company's total shares increased to 2.0 billion following the placement exercise.

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