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AFG Investment Proposes Acquisition of AF Global Limited
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AFG Investment Pte. Ltd. has proposed to acquire all issued ordinary shares of AF Global Limited, excluding certain shares, through a scheme of arrangement. This strategic acquisition could influence AF Global's operations and market positioning, especially as it plans to divest from real estate consultancy services. AF Global, listed on the Singapore Exchange since 1973, primarily operates in the hospitality sector and holds interests in property investment and development.
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