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Oxley proposes to distribute shares in Aspen Group via dividend in specie

Bryan Wu
Bryan Wu • 2 min read
Oxley proposes to distribute shares in Aspen Group via dividend in specie
The Rise @ Oxley. Photo: Oxley Holdings
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Oxley Holdings has announced a proposed distribution of dividend in specie from the ordinary shares it holds in Aspen Group Holdings to its shareholders.

As at Sept 8, Oxley owns some 101.34 million shares in Aspen, or a 9.4% stake in the total number of shares in the latter.

Oxley took a substantial stake in Aspen back in April 2018 after it subscribed for 97 million shares at 24 cents each.

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