Aspial Lifestyle: Completes Acquisition of Shares in Three Entities Including ION World in Malaysia

NewTimeSpace News: Aspial Lifestyle announced on June 29 that the share acquisition transaction targeting three companies within the target group by its indirectly wholly-owned subsidiary Maxi Cash (Malaysia) has been completed, with an aggregate final consideration of approximately RM147 million (equivalent to around SGD 46.42 million).

NewTimeSpace News: On June 29, 2026, Singapore-listed Aspial Lifestyle announced that the acquisition of the entire issued shares of ION World, Kedai Emas ION and Focus Resources by its indirectly wholly-owned subsidiary Maxi Cash (Malaysia) was fully completed on June 26, 2026. All preconditions to the transaction have been satisfied or waived.

Following completion of the acquisition and adjustments made in accordance with the acquisition terms, the total consideration payable by the purchaser amounts to approximately RM147 million (around SGD 46.42 million).

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.

×
Share to WeChat

Open WeChat, use the "Scan", and share to my Moments.