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World Class Global

Results

World Class Global 1H earnings surge sevenfold to $11 mil on sales recognition

SINGAPORE (Aug 6): Developer World Class Global recorded a sevenfold jump in earnings to $11.0 million in 1H19 from $1.6 million in 1H18.

Property

World Class Global expects to cut debt profile of Melbourne skyscrapers by A$215 mil

SINGAPORE (Sept 17): World Class Global (WCG) expects to reduce A$215 million ($212 million) in project-related debts relating to AVANT and Australia 108 in 3Q18.

Property

World Class Global reports $69.9 mil in sales revenue so far from AVANT residential units

SINGAPORE (Mar 27): World Class Global (WCG), the property arm of Aspial Corporation, says it has received net sales proceeds totalling A$69.0 million ($69.9 million), following the settlements by purchasers of 134 completed residential units.

World Class Global to hand over first phase of Avant development in Melbourne to buyers

SINGAPORE (Feb 27): World Class Global, 80% owned by jeweller Aspial Corp, is handing over the first phase of its Avant property development project in Melbourne, Australia.

IPO

World Class Global says IPO 2.1 times subscribed

SINGAPORE (June 14): World Class Global says its invitational offer of 138 million new shares at 26 cents each at its IPO was slightly more than 1 times oversubscribed.

Aspial Corp lodges preliminary offer document for spinoff, Catalist listing of overseas property business

SINGAPORE (May 17): Aspial Corporation on Tuesday announced that Aspial subsidiary World Class Global has lodged a preliminary offer document with Singapore Exchange (SGX) for the spin-off and listing of Aspial subsidiary World Class Global on the SGX Cat
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