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ASF Group Limited (ASX:AFA)
ALERT: Price-sensitive ASX Announcement for AFA
Current share price for AFA : $0.065 0 (0%)+
Announcement
Release
23 Apr 2026 4:08PM
Price at Release
$0.065
Full Release
Summary
ASF Group Limited announced the sale of its remaining 62% interest in ASF Technologies (Australia) Pty Ltd to Crystal Profit Ventures Ltd for a cash consideration of $0.465 million. This transaction makes Crystal Profit Ventures the sole owner of ASFTA, which holds patents for Scotch Yoke engine technology in multiple regions. ASF Group Limited is a diversified investment company involved in various sectors such as property, resources, technology, and financial services.
Key Points
- ASF Group Limited sold its remaining 62% interest in ASF Technologies (Australia) Pty Ltd (ASFTA) to Crystal Profit Ventures Ltd.
- The transaction was valued at $0.465 million.
- Post-transaction, ASFTA will become fully owned by Crystal Profit Ventures Ltd.
- ASFTA's holdings include Scotch Yoke engine patents in the US, Europe, and Australia.
- ASF Group Limited is an investment company with a focus on property, resources, technology, and financial services.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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