Aspen (Group) Holdings

Broker's Calls

Development of eco-city in Penang to benefit Aspen

SINGAPORE (Sept 19): OCBC likes developer Aspen for its ongoing property projects which are expected to contribute to an improvement of its development income.

Aspen Group awards Vertu Resort contract to Kerjaya Prospek Group

SINGAPORE (Aug 17): Aspen Vision City, the joint venture company of Aspen Group and IKEA Southeast Asia, has awarded the main construction of Vertu Resort in Penang to Kerjaya Prospek.

IPO

Aspen IPO 1.2 times subscribed

SINGAPORE (July 27): Aspen (Group) Holdings announced that its initial public offering was roughly 1.2 times subscribed.

In print this week

Malaysian developer Aspen seeking funds to acquire additional land bank

(Jul 24): Malaysian property developer Aspen (Group) Holdings is seeking a listing on the Catalist board of the Singapore Exchange, selling 173.3 million shares at 23 cents each to raise net proceeds of $36.7 million. It is the second loss-making develope

IPO

Aspen launches IPO at 23 cents per share

SINGAPORE (July 19): Malaysia-based property developer Aspen (Group) Holdings on Wednesday launched its $39.9 million initial public offering (IPO) for listing on the Singapore Exchange (SGX).
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