JEWELLERY and property player Aspial Corp saw its earnings fall 63 per cent to S$5.5 million for the half-year ended June 30, with its topline hit by the fall in retail sales amid the Covid-19 pandemic.

THE following companies saw new developments that may affect trading of their shares on Tuesday:

ASPIAL Corporation, which sells jewellery and develops property, on Monday said it is offering S$50 million worth of three-year notes at par.

ASPIAL Corporation posted on Monday a 55.2 per cent drop in net profit to S$12.7 million for the year ended Dec 31, mainly due to lower revenue as a result of weaker performance from its real estate business.

ASPIAL Corporation posted a 55.2 per cent drop in net profit to S$12.7 million for the financial year ended Dec 31, 2019, from S$28.3 million a year ago.

ASPIAL said on Friday that its unit World Class Land (WCL) has been named a defendant in the winding-up proceedings commenced by the liquidators of Authentic Builder.

THE following companies saw new developments that may affect trading of their shares on Wednesday:

ASPIAL Corporation's mega Australia 108 project is expected to realise A$400 million (S$370 million) over the next 12 months as units are completed and handed over to buyers.

ASPIAL Corporation’s mega Australia 108 project is expected to realise A$400 million (S$370 million) over the next 12 months as units are completed and handed over to buyers.

<p>marilee@sph.com.sg</p>