Aspial Corporation Limited
Aspial Corporation Limited (SES: A30) is trading at S$0.15, about ₹11 at today's SGD/INR rate, as of 24 Sep 2026, 5:04 AM ET, up 1.32% today. Indian residents can buy Aspial from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
S$0.15
Today's high
S$0.16
52 week low
S$0.09
52 week high
S$0.18
A30 opened at S$0.16, closed previously at S$0.15, and has traded between S$0.09 and S$0.18 over the past 52 weeks.
About
Established in Singapore in 1970, Aspial Corporation Limited functions as an investment holding company with diversified interests across real estate, financial services, and the jewelry sector. Its operations span multiple international markets, including Singapore, Australia, Malaysia, Hong Kong, Germany, China, and Ireland. The company's financial services division offers pawn brokering and secured lending solutions, coupled with the retail and trading of pre-owned luxury goods such as jewelry, timepieces, bags, and other branded merchandise. Within its jewelry business, Aspial manages retail outlets under prominent brands like Lee Hwa Jewellery, Goldheart, and Niessing, while also engaging in gold bullion broking, dealing, manufacturing, and wholesaling. In the real estate segment, the company is active in property leasing, offers management and support services, provides real estate consultancy, and operates a portfolio of hotels, resorts, and serviced residences. Aspial Corporation Limited, a subsidiary of MLHS Holdings Pte. Ltd., adopted its current name in 2001, having previously been known as Lee Hwa Holdings Ltd.
Key statistics
Avg. volume
555.15K
Market cap
S$339.39M
P/E Ratio
11.09
Price-to-sales ratio
0.36
Enterprise value
S$1.40B
Free cash flow yield
-38.91%
Debt-to-equity ratio
2.57
Return on equity
7.71%
ROIC
9.77%
Beta
0.88
Dividend yield
3.92%
Last dividend
S$0.01
Financial overview
Revenue
S$875.80M
Earnings per share
S$0.01
Free cash flow
-S$22.86M
Net profit margin
3.23%
Gross margin
34.44%
EBITDA
S$112.60M
Revenue growth
29.11%
Similar securities
This is not an investment recommendation
How to buy Aspial from India
Indian residents can buy Aspial shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to SGD.
Search for Aspial and place an order
Find Aspial by name or by its ticker, A30, and choose an order type. Aspial trades 6:30 am – 2:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Aspial position in SGD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Aspial from India
Trading and taxes when buying Aspial from India
Trading and limits
- Trading hours
- 9:00 am – 5:00 pm SGT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Singapore levies 0% withholding tax on dividends from resident companies. Aspial’s current yield is 3.92%.Dividend tax explained
- Transaction tax
- Singapore levies no stamp duty or transaction tax on listed equities.
- Estate or inheritance tax
- May applySingapore imposes no estate or inheritance tax on listed securities.Estate tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Aspial stock?
Yes. Aspial (A30) has been listed on the Singapore Exchange since 2000, in the Industrial - Specialties industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to SGD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Aspial share cost in rupees?
One Aspial share is S$0.15 — about ₹11 at an SGD/INR rate of 75.02 on 24 Sep 2026. Both the Aspial price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Aspial from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on Aspial shares taxed in India?
Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the SGD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Aspial price. Paasa issues a capital-gains statement for your return.
Does Aspial pay a dividend, and how is it taxed in India?
Yes. Aspial pays a dividend and the current yield is 3.92%; the last declared dividend was S$0.01 per share, about ₹0.45. Dividends are taxed at your slab rate in India. Singapore levies 0% withholding tax on dividends from resident companies. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Aspial from India?
The Singapore Exchange trades 6:30 am – 2:30 pm IST in Indian time. Orders can only execute during that window.
Is there estate or inheritance tax on Aspial shares held from India?
Singapore imposes no estate or inheritance tax on listed securities.
Are there transaction taxes when buying Aspial?
Singapore levies no stamp duty or transaction tax on listed equities.
Do I have to declare Aspial shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Aspial holding, its cost and its closing value.
How do I sell Aspial and bring the money back to India?
You sell during market hours (6:30 am – 2:30 pm IST) and the proceeds settle in SGD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.