Business Summary
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Aspial Corporation Limited is an investment holding company. It is engaged in the manufacture and sale of jewelry. The Company has three segments: manufacture and sale of jewellery; property development business, and finance services business. Its projects under the property development include residential apartments and commercial buildings. Under the financial service business, the Company has opened one pawnshop as of December 31, 2009. Its subsidiaries include World Class Land Pte Ltd, Gold Purple Pte Ltd, Aspial International Pte Ltd, Aspial-Lee Hwa Jewellery Singapore Pte. Ltd. and World Class Financial Services Pte. Ltd. On November 1, 2009, the Company’s subsidiary, Aspial-Lee Hwa Jewellery Singapore Pte. Ltd. acquired a 100% interest in L&N Jewellery Pte. Ltd.
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