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today can close 50?
power up alrady.
41 have been accumulating 2days liao nkw start to brust up to 50 above
piscesmonkey ( Date: 27-Aug-2024 13:17) Posted:
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Going 50 soon
piscesmonkey ( Date: 27-Aug-2024 11:01) Posted:
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Actually 1H they still losing money if not for the one off item
FY profit guidance is similiar to that of 1H profit guidance
Why? Because FY still include the same one off item that was already included under 1H accounts
So the data point to watch, is the Ops still losing money?
More than 1H?
Less than 1H?
Or profit from Ops
FY profit guidance is similiar to that of 1H profit guidance
Why? Because FY still include the same one off item that was already included under 1H accounts
So the data point to watch, is the Ops still losing money?
More than 1H?
Less than 1H?
Or profit from Ops
Report big profit on or before 29aug? Or today after market close?
Look like have chance for 50 and above for today as Covid cases rising locally.. weekly 15k above
engine starting soon... breaking 60...
Ready? Haha
some more hahaha
Slurping haha
Resting for quite sometime. I guess next week should have rocket mode , UG and medtec already rise and aspen should follow the same paths
Aspen enters into JV to jointly develop freehold land in Aspen Vision City
Aspen (Group) Holdings&rsquo indirect subsidiary, Aspen Vision City (AVC) has entered into a joint venture agreement (JVA) with Kerjaya Property JV (KPJV) to jointly develop the freehold land situated in Aspen Vision City, Batu Kawan. KPJV is a wholly-owned subsidiary of Bursa-listed Kerjaya Prospek Property Berhad.
The land measures 2.055 hectares or around 221,198 sq ft and is intended to be developed into a mixed development comprising hotel, residences, serviced apartments, retail units and office blocks. The development will be done via a special purpose vehicle (SPV) where KPJV will hold a 70% stake in the SPV and AVC will hold the remaining 30%.
AVC and KPJV also entered into a shareholders&rsquo agreement on May 9 in respect of the SPV.
According to Aspen, the JVA is conditional upon the fulfilment of several conditions including AVC obtaining the consent from the Penang State Authority for the transfer of the land to the SPV. The JVA will also require the approval of Kerjaya Prospek&rsquo s as well as Aspen&rsquo s shareholders. These conditions have to be fulfilled within 90 days from the date of the JVA or any extended period mutually agreed by both parties.
Under the JVA, AVC is entitled to receive RM46.1 million ($13.2 million) by the SPV within three months of the date of the fulfilment of the JVA&rsquo s conditions. Of the sum, AVC will receive RM32.3 million in cash. The balance sum of RM13.8 million will be paid by the issuance of redeemable preference shares in the SPV.
The sum also puts AVC&rsquo s entitlement for the land at around RM160 per sq ft based on a gross area of some 288,367.2 sq ft. The sum also factored in the current market prices of land owned by AVC in the surrounding area and the land&rsquo s market value of RM47.0 million. The land was valued by KPJV&rsquo s valuer on May 9. The original cost of acquisition of the land is approximately RM11.1 million and the land&rsquo s book value is RM25.1 million as at June 30, 2023.
According to Aspen, the development will create value for the group and will enhance its future revenue and earnings streams.
Divestment of stake in KHTP
On the same day, Aspen announced that it entered into a conditional share purchase agreement (SPA) with Kulim Technology Park Corporation (KTPC) to sell its entire stake in KHTP Assets. KHTP stands for Kulim Hi-Tech Park, an industrial park for high technology enterprises. The park spans 4,736 acres and is a national project that&rsquo s fully funded by the Malaysian Federal Government through the Ministry of Finance. Aspen owns a 70% stake in KHTP comprising 700 ordinary shares. It will divest its stake for a consideration of RM74.1 million.
Boss may prata and said later deal cancel or deal not signed because pen has no ink
Remember Honeywell contract?
Remember Honeywell contract?
PiRPiR ( Date: 10-May-2024 12:03) Posted:
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10:00 PM EDT, 05/09/2024 (MT Newswires) -- Aspen Holdings? (SGX:1F3) indirect subsidiary, Aspen Vision City, signed a joint venture agreement with Kerjaya Property (KPJV) for the development of freehold land in Aspen Vision City in Negeri Pulau Pinang, Malaysia, through a special purpose vehicle, according to a Friday filing with the Singapore Exchange.
Kerjaya Property and Aspen Vision City will have respective stakes of 70% and 30% in the special-purpose vehicle.
Aspen Vision City will be entitled to a sum of 46.1 million ringgit, which will be paid by the special purpose vehicle by way of cash and through the issuance of redeemable preference shares.
Shares of Aspen Holdings were up 4% in recent trading.
Price (SGD): S$0.05, Change: S$, Percent Change: +4.00%
Kerjaya Property and Aspen Vision City will have respective stakes of 70% and 30% in the special-purpose vehicle.
Aspen Vision City will be entitled to a sum of 46.1 million ringgit, which will be paid by the special purpose vehicle by way of cash and through the issuance of redeemable preference shares.
Shares of Aspen Holdings were up 4% in recent trading.
Price (SGD): S$0.05, Change: S$, Percent Change: +4.00%
Lai liao...Day high $0.052
UPDATE ON TERMINATION OF LEGAL PROCEEDINGS
he Board of Directors (the &ldquo Board&rdquo ) of Aspen (Group) Holdings Limited (the &ldquo Company&rdquo and together with its subsidiaries, &ldquo Aspen&rdquo ) refers to its announcement dated 1 April 2024 in relation to the global settlement between the Company, its direct subsidiary, Aspen Vision All Sdn. Bhd. and Tialoc Malaysia Sdn. Bhd. (the &ldquo Announcement&rdquo ).
Unless otherwise defined, all capitalised terms used in this announcement shall bear the same meanings as ascribed to them in the Announcement. Further to the Announcement, the Board wishes to update that in relation to both the Legal Proceedings, a consent order has been entered before the High Court of Malaya in Penang (the &ldquo Court&rdquo ) on 25 April 2024 (the &ldquo Consent Orders&rdquo ) and consequently, with the entry of the Consent Orders, both the Legal Proceedings have been struck out by the Court without liberty to file afresh and with no order as to costs. With the termination of the Legal Proceedings, all parties involved are released and discharged from all or any liabilities, actions, causes of action, suits, demands of whatever nature or kind and howsoever and whenever arising in relation to or in any way connected with, whether directly or indirectly with, the Legal Proceedings.
BY ORDER OF THE BOARD Aspen (Group) Holdings Limited Dato&rsquo Murly Manokharan President and Group Chief Executive Officer 29 April 2024
UPDATE ON TERMINATION OF LEGAL PROCEEDINGS
he Board of Directors (the &ldquo Board&rdquo ) of Aspen (Group) Holdings Limited (the &ldquo Company&rdquo and together with its subsidiaries, &ldquo Aspen&rdquo ) refers to its announcement dated 1 April 2024 in relation to the global settlement between the Company, its direct subsidiary, Aspen Vision All Sdn. Bhd. and Tialoc Malaysia Sdn. Bhd. (the &ldquo Announcement&rdquo ).
Unless otherwise defined, all capitalised terms used in this announcement shall bear the same meanings as ascribed to them in the Announcement. Further to the Announcement, the Board wishes to update that in relation to both the Legal Proceedings, a consent order has been entered before the High Court of Malaya in Penang (the &ldquo Court&rdquo ) on 25 April 2024 (the &ldquo Consent Orders&rdquo ) and consequently, with the entry of the Consent Orders, both the Legal Proceedings have been struck out by the Court without liberty to file afresh and with no order as to costs. With the termination of the Legal Proceedings, all parties involved are released and discharged from all or any liabilities, actions, causes of action, suits, demands of whatever nature or kind and howsoever and whenever arising in relation to or in any way connected with, whether directly or indirectly with, the Legal Proceedings.
BY ORDER OF THE BOARD Aspen (Group) Holdings Limited Dato&rsquo Murly Manokharan President and Group Chief Executive Officer 29 April 2024
Going to 60 again I think
6 pips! 👍
yau123 ( Date: 11-Apr-2024 21:49) Posted:
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The Chart look like BK. If true tomorrow will chiong.
👍
SmallSmall ( Date: 09-Apr-2024 14:25) Posted:
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