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 Catalist board.

The announcement comes more than two years after Aspial in January 2015 first proposed to spin-off its property business in Australia and Malaysia.

(See: Aspial Corp planning to spin off Aussie and Malaysian property business in listing)

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