<div id="readability-page-1"><div>SINGAPORE - A consortium comprising Aspial Corp and property tycoon Koh Wee Meng has launched a bid to privatise mainboard-listed AF Global via a scheme of arrangement.Aspial and JK Global Investment each hold 50 per cent of the shares within the consortium, AFG Investment.JK Global Investment is wholly-owned by Mr Koh. He is founder, executive chairman and chief executive officer of Fragrance Group, which he took private in 2021.AFG Investment’s board of directors comprises Mr Koh and his younger brother, Koh Wee Seng, CEO of Aspial.Aspial already owns a 41.75 per cent stake in AF Global, while Mr Koh Wee Meng owns 30.91 per cent of the target company.Their consortium is proposing to buy the remaining 27.35 per cent stake in AF Global for 11 cents per share - making for a total outlay of about $31.8 million. AF Global is an investment holding company which owns and operates hotels and serviced residences in Singapore, China, Thailand, Vietnam, and Laos.The offeror said that privatising AF Global will give it and the firm’s management more flexibility to manage business and optimise capital resources without the corresponding costs and regulatory restrictions associated with a listing on the Singapore Exchange. It noted that AF Global’s listing status serves “limited purpose” as the group has not tapped on the equity markets to raise funds since 2010 and is unlikely to do so, yet it continues to incur substantial costs associated with being listed. It added that the offer is an opportunity for scheme shareholders to exit their investment which may otherwise be difficult due to the stock’s low liquidityThe offer price of 11 cents represents a premium of about 23.6 per cent over AF Global’s closing price of 8.9 cents on Sept 29, which is the last undisturbed trading day before AF Global announced that it reviewing opportunities to unlock shareholder value.Shares of AF Global jumped 13.5 cents, or 1.3 cents, to 10.9 cents as at 10.50am at Oct 8. Aspial shares dropped 1.9 per cent, or 0.2 cent, to 10.1 cents.</div></div>

AF環球

利華控股

由利華控股和柯偉銘領導的財團已啓動對 AF 環球的私有化競標，提出以每股 11 美分收購剩餘 27.35% 的股份，總金額約為 3180 萬美元。利華控股持有 41.75% 的股份，而柯偉銘擁有 30.91% 的股份。此舉旨在為管理層提供更多靈活性，並降低上市相關的成本，因為自 2010 年以來，AF 環球未通過股權市場籌集資金。該報價較最後收盤價 8.9 美分溢價 23.6%，AF 環球的股價在公告後上漲至 10.9 美分

香水集團大亨 Koh Wee Meng 與 Aspial 發起競標，計劃將 AF 環球私有化