Aspial Corp Ltd - Company Profile
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Aspial Corp Ltd (Aspial) is a diversified company with operations in jewellery retail, property development and financial services. It merchandises and sells fine contemporary jewellery under Lee Hwa Jewellery, Goldheart Jewelry, Maxi-Cash and Niessing brands. The company also develops and manages commercial and residential property development projects through World Class Land Pte Ltd and World Class Global Pte. Ltd. Aspial's Maxi-Cash offers pawnbroking services and operates the retail and trading of pre-loved jewellery, timepieces, and bags. The company through AF Global operates resorts, hotels, and serviced residences. The company has business presence in Australia, Malaysia, Thailand, Laos, and Vietnam. Aspial is headquartered in Singapore City, Singapore.
Aspial Corp Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Product: | Property Development Services | Maxi-Cash |
| Jewelry | Hospitality and Resort Management | Goldheart Jewelry |
| Financial Services | Niessing | |
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Acquisitions/Mergers/Takeovers | In April, the company completed the full acquisition of AF Global Limited. |
| 2026 | New Products/Services | In April, the company integrated AI and digital solutions, transforming traditional pawnshop practices and enhancing customer engagement through innovative services such as AI spokespeople and online pawn renewal services. |
| 2026 | Corporate Changes/Expansions | In March, the company opened its 24th Goldheart boutique at 313@somerset. |
Competitor Comparison
| Key Parameters | Aspial Corp Ltd | The Hour Glass Ltd | Oxley Holdings Ltd | Pranda Jewelry PLC | Fragrance Group Ltd |
|---|---|---|---|---|---|
| Headquarters | Singapore | Singapore | Singapore | Thailand | Singapore |
| City | Singapore | Singapore | Singapore | Bangkok | Singapore City |
| State/Province | - | - | - | Bangkok (Krung Thep Maha Nakhon) | - |
| No. of Employees | 41 | 236 | 170 | 2,109 | 129 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Lim Swee Ann Felix | Chief Financial Officer; Secretary | Senior Management | - | - |
| Koh Wee Seng | Chief Executive Officer; Director | Executive Board | 1999 | 57 |
| Koh Lee Hwee | Director | Executive Board | 1988 | 59 |
| Ng Sheng Tiong | Chief Executive Officer - Property Business | Senior Management | - | - |
| Meelan Gurung | Corporate Finance and Investment | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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