Aspial Lifestyle Fully Utilises 84.8 Million Singapore Dollars Raised in Recent Equity Deal

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Aspial Lifestyle Fully Utilises 84.8 Million Singapore Dollars Raised in Recent Equity Deal

SGX Filings07-08

Aspial Lifestyle Limited announced on Jul, 8 2026 that all 84.8 million Singapore dollars generated from its May–June 2026 equity fund-raising exercise have been fully deployed.

The company allocated 70.6 million Singapore dollars to general corporate purposes, including 67.5 million Singapore dollars for its secured lending business, 1.6 million Singapore dollars in working-capital support for subsidiary Maxion Holdings Sdn Bhd, and 1.5 million Singapore dollars for its pawnbroking operations.

A further 12.5 million Singapore dollars was used to repay bank borrowings, while 1.7 million Singapore dollars covered fees and expenses related to the fund-raising.

With these disbursements, Aspial Lifestyle confirmed that no balance remains from the equity proceeds.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Bodoh
·07-09
Better save on interest expenses and making more profits then
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