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Home / Capital / Ipo

Malaysian developer Aspen seeking funds to acquire additional land bank

IPO

Malaysian developer Aspen seeking funds to acquire additional land bank

Sharanya Pillai Published on Mon, Jul 24, 2017 / 8:00 AM GMT+8

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(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 developer to list on the Catalist in as many months.

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