Aspen hits record high amid proposed foray into glove making

Singapore

AMID a recent trading surge following a proposed move into glove manufacturing, Aspen on Monday saw its shares soar 80.5 per cent or 16.5 cents to an intraday high of 37 Singapore cents - a record since its initial public offering in July 2017.

Aspen shares started their surge shortly after the market opened on Monday and were among the most heavily traded, prompting a query from the Singapore Exchange (SGX) just under an hour later.

The counter closed at 33.5 Singapore cents on Monday, up 63.4 per cent or 13 cents, and was the second most traded …

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