Oxley takes 10% stake in Malaysia's Aspen for S$23.3m

Both companies may jointly develop projects in Malaysia or co-invest in projects in the region

Mr Ching says that Oxley looks forward to leveraging its partnership with Aspen.

Singapore

PROPERTY developer Oxley Holdings is taking a 10.07 per cent stake in Aspen Group for S$23.28 million, or 24 Singapore cents per Aspen share.

The per-share price for the 97 million Aspen shares represents a 14.72 per cent premium over the volume weighted average price of