Aspen (Group) Holdings Limited: Completion of Subscription and Shareholders’ Agreement with Kerjaya Prospek Ventures Sdn. Bhd.

Key Highlights

• All Conditions Precedent Fulfilled: Aspen (Group) Holdings Limited has confirmed the fulfilment of all conditions precedent for the Subscription and Shareholders’ Agreement signed on 26 May 2025 with Kerjaya Prospek Ventures Sdn. Bhd.
• Agreement Now Unconditional: The agreement is now unconditional, paving the way for completion of the proposed issuance and dilution of shares in Aspen Vision Land Sdn. Bhd. (AVL).
• Involvement of Key Subsidiaries: The transaction involves Aspen Vision Land Sdn. Bhd., Aspen Vision Development Sdn. Bhd., and Aspen Vision All Sdn. Bhd., all wholly-owned subsidiaries of Aspen (Group) Holdings Limited.
• Significant Strategic Partnership: Kerjaya Prospek Ventures Sdn. Bhd. will be subscribing for shares in AVL, joining existing shareholders.

Details for Investors

On 27 November 2025, Aspen (Group) Holdings Limited announced that all conditions precedent required under the Subscription and Shareholders’ Agreement dated 26 May 2025 have been satisfied and confirmed by all involved parties. This marks a critical milestone for the Company and its subsidiaries, as the agreement is now unconditional and the parties will move forward towards completion of the proposed issuance and dilution of shares in Aspen Vision Land Sdn. Bhd.

The agreement, initially announced in May 2025, involves a strategic partnership with Kerjaya Prospek Ventures Sdn. Bhd., a move that is expected to impact the capital structure of AVL and potentially bring new resources, expertise, and growth opportunities to the group.

This development is essential for shareholders to note, as the completion of this agreement is likely to result in changes to the shareholding structure of AVL, with Kerjaya Prospek Ventures Sdn. Bhd. joining the share register. The proposed issuance and dilution could have an impact on the Company’s overall financial position and future plans, and may be price sensitive depending on the terms of the issuance and the valuation of AVL.

Potential Impact on Share Price

• Strategic Investor Entry: The entry of Kerjaya Prospek Ventures Sdn. Bhd. as a shareholder of AVL could signal confidence in Aspen’s business prospects and may support future project execution and growth.
• Capital Structure Changes: The dilution from the proposed issuance could affect the relative ownership of existing shareholders in AVL, which may be viewed positively or negatively depending on market perception and the strategic benefits brought by the new investor.
• Future Announcements: Investors should watch for further disclosures regarding the completion of the issuance, dilution details, and any changes in operational or financial outlook resulting from this transaction.

Important Notes for Shareholders

• The agreement is now unconditional and will proceed to completion.
• The transaction may be price sensitive and could impact Aspen’s share value depending on final terms and market interpretation.
• Shareholders should monitor further announcements for updates on the completion and its implications.
• This move represents a potentially transformative step for Aspen, aligning with its growth and partnership strategy.

Conclusion

The fulfilment of all conditions precedent and the move to complete the Subscription and Shareholders’ Agreement is a significant event for Aspen (Group) Holdings Limited. This strategic partnership may materially influence the Company’s future development, capital structure, and market perception.

Disclaimer: This article is based on public disclosures from Aspen (Group) Holdings Limited as of 27 November 2025. It does not constitute financial advice. Investors are advised to conduct their own due diligence and consult professional advisors before making investment decisions. The information herein is for informational purposes only and subject to further updates from the Company.

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