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SGX:5UF

11 stories mentioning SGX:5UF

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Japan

Singapore Shares Surge as Trump Cancels Strikes on Iran; Aspen (Group) Up 7%

Singapore shares surged on Friday, tracking regional gains, with investor sentiment buoyed by the US president, Donald Trump's decision to end strikes on Iran.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,995.83 and 5,045.28 throughout the day. It ended the session at 5,025.80, up 37.70 points or 0.8% compared to Thursday's close.On the corporate front, shares of Aspen (Group) (SGX:1F3) surged nearly 7% at the close as its associated company, Rivnis Ventures, signed a definitive agreement with Malaysia's Railway Assets Corporation (RAC), for a mixed development project in Penang.Serial Achieva (SGX:XHV) closed over 5% higher as it secured a $14.1 million AI infrastructure order following a successful first phase delivery.Meanwhile, shares of Aspial Lifestyle (SGX:5UF) were up nearly 3% at the close as it concluded its preferential offering, raising a total of SG$84.8 million in gross proceeds.

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Asia

Aspial Lifestyle Completes SG$85 Million Equity Fundraising; Shares Up 3%

Aspial Lifestyle (SGX:5UF) concluded its preferential offering, raising a total of SG$84.8 million in gross proceeds, according to a Thursday filing with the Singapore Exchange.Shares of the luxury lifestyle company were up nearly 3% in Friday trading.The proceeds comprise SG$60 million from a previously completed private placement and SG$24.8 million from the preferential offering tranche.The company allotted and issued around 61.7 million shares under the preferential offering, receiving valid acceptances for 53.0 million shares and excess applications for 8.4 million shares.Meanwhile, controlling shareholder Aspial Corp. (SGX:A30) accepted its full allotment of 43.7 million shares, bringing its total stake in the company to 65.7%.

SGX:5UFSGX:A30
Asia

Aspial Lifestyle Launches SG$85 Million Preferential Offering

Aspial Lifestyle's (SGX:5UF) preferential offering opened on Thursday, seeking to secure gross proceeds of about SG$84.8 million, according to a same-day filing with the Singapore Exchange.The company has started dispatching the official instruction booklet and acceptance forms to eligible shareholders.The deadline to accept provisional allotments or apply for excess preferential shares is on June 8.The newly issued preferential offering shares are expected to be credited to accounts on June 16.

SGX:5UF
Asia

Aspial Lifestyle's Private Placement Two Times Covered

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.

SGX:5UF
Asia

Aspial Lifestyle Receives In-Principle Approval for Listing of Placement Shares

Aspial Lifestyle (SGX:5UF) received in-principle approval from the Singapore Exchange Securities Trading for the listing and quotation of private placement shares on the SGX-ST Mainboard, according to a Tuesday bourse filing.Shares of the consumer lifestyle retail brand were down over 2% in Wednesday trading.Earlier, the company had outlined plans to raise around SG$84.8 million through the issuance of 149.3 million shares and a non-renounceable preferential offering of 61.7 million shares extended to existing eligible shareholders.Both tranches were priced at S$0.402 per share.

SGX:5UF
Asia

Singapore Shares Close Lower Amid Regional Decline; AJJ Medtech Down 17%

Singapore shares incurred losses on Friday, closing in the red zone, amid broader regional declines, weighed down by investor sentiment.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,975.14 and 5,003.18 throughout the day. It ended the session at 4,989.08, down 6.86 points or 0.1% compared to Thursday's close.On the corporate front, shares of AJJ Medtech (SGX:584) crashed nearly 17% at the close as its attributable loss to equity holders widened to SG$563,000 in the first quarter from SG$234,000 a year earlier.Marco Polo Marine (SGX:5LY) shares closed nearly 4% higher as the company agreed with Fuji Offset Plates Manufacturing (SGX:508) for a reverse takeover transaction involving the company's subsidiaries, Marco Polo Shipyard and MP Marine.Meanwhile, Aspial Lifestyle (SGX:5UF) outlined plans to raise around SG$84.8 million in gross proceeds via an equity fund raising.

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Asia

Aspial Lifestyle to Raise SG$85 Million via Equity Fund Raising

Aspial Lifestyle (SGX:5UF) plans to raise around SG$84.8 million in gross proceeds via an equity fund raising, according to a Thursday filing with the Singapore Exchange.Shares of the consumer lifestyle company were up over 1% in Friday trading.The consumer lifestyle group intends to issue 149.3 million new shares via a private placement to raise roughly SG$60.0 million. Additionally, a non-renounceable preferential offering of 61.7 million shares will be extended to existing eligible shareholders to raise a further SG$24.8 million.Both tranches are priced at S$0.402 per share.Aspial stated that the proceeds will be utilized for general corporate activities, working capital needs, and potential strategic investments.DBS Bank, Oversea-Chinese Banking Corp or OCBC (SGX:O39), SAC Capital and United Overseas Bank (SGX:U11) were nominated as joint placement agents for the exercise.

SGX:5UFSGX:O39SGX:U11
Asia

Aspial Lifestyle to Transfer to SGX Mainboard on May 4

Aspial Lifestyle (SGX:5UF) will transfer to the mainboard of the SGX-ST, effective May 4, according to a Tuesday filing with the Singapore Exchange.Shares of the lifestyle brand were up over 2% in Wednesday trading.Following the transfer, SAC Capital will cease to be the company's continuing sponsor, the filing added.

SGX:5UF
Asia

Singapore Shares Remain in Green Amid US-Talks; Global Invacom Surges 13%

Singapore shares remained in black on Tuesday, tracking regional gains as the US and Iran are set to meet for a second round of talks.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,995.97 and 5,021.07 throughout the day. It ended the session at 5,014.96, up 10.89 points or 0.2% compared to Monday's close.On the corporate front, shares of Global Invacom (SGX:QS9) surged nearly 13% at the close as its UK subsidiary signed a deal with Premix-Hadlock to become the exclusive worldwide distributor of Prodelin antennas.Aspial Lifestyle (SGX:5UF) closed nearly 4% higher as it priced SG$28 million worth of 5.10% bonds due 2029, under its SG$300 million multicurrency medium-term bond program.Meanwhile, shares of ISOTeam (SGX:5WF) were up nearly 4% at the close as it secured SG$30 million worth of contracts.

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Asia

Aspial Lifestyle Prices SG$28 Million Worth of Bonds; Shares Up 7%

Aspial Lifestyle (SGX:5UF) priced SG$28 million worth of 5.10% bonds due 2029, under its SG$300 million multicurrency medium-term bond program, according to a Monday filing with the Singapore Exchange.Shares of the retail brand were up over 7% in Tuesday's late-morning trading.The bonds will be consolidated and form a single series with the existing SG$75 million 5.10% bonds due 2029.DBS Bank was appointed as the sole dealer for the bonds.Net proceeds raised from the issue of the bonds will be used for general corporate purposes.The bonds are expected to be listed on April 30, the filing added.

SGX:5UF
Asia

Aspial Lifestyle's Profit Zooms 140% in Q1

Aspial Lifestyle's (SGX:5UF) profit before tax jumped 140% during to first quarter of the year to SG$40 million from SG$17 million a year earlier, according to a Wednesday filing with the Singapore Exchange.Revenue jumped 48% year over year to SG$247 million from SG$167 million, driven by sustained demand for products and services.

SGX:5UF
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