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OFAL Announces Integration and Latest Development of Its Four Collaborative Business Platforms; Company Plans Share Buyback When Appropriate and Compliant
Globenewswireยท 2025-10-21 21:07
Core Insights - OFA Group is integrating its four collaborative business platforms and plans to conduct share buybacks when appropriate [1][2] - The company's share price has temporarily fallen below USD 1.00 due to broader market conditions, but management believes this does not reflect its intrinsic value [2] - OFA Group is focused on strategic acquisitions to enhance its real estate and financial services capabilities [5][6] Business Platforms - **Architectural Design and Project Management**: OFA Group offers comprehensive services from design to on-site supervision, utilizing a network of professionals and digital workflows to improve efficiency and reduce costs [4] - **Acquisitions**: The company is finalizing contracts to acquire Aspire Home and RateDNA, which will enhance its vertically integrated property ecosystem [5][6] - **AI-Driven Construction Technology**: OFA has developed the QikBIM system, which integrates various design and analysis functions, with full commercial deployment expected in Q1 2026 [7] - **Real-Estate Development**: A dedicated division focuses on acquiring and enhancing real estate assets, ensuring long-term revenue growth [8] - **Digital Asset Platform**: OFA is co-developing a Real-World Asset digital platform with BAF, aimed at tokenizing real estate assets for better market access [10][11] Financial Developments - OFA Group has secured $100 million in ELOC and $50 million in PIPE financing to accelerate growth across its platforms [9][11]