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Aspion's ex-directors countersue Top Glove over RM1.37b deal, breach of employment

They say Top Glove's bids at 'freezing orders' against them in bad faith to renege on earn-out provision

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Top Glove, a stalwart in the glove-making space, is founded and led by Lim Wee Chai, a veteran 60-year old entrepreneur and one of Malaysia's wealthiest. The legal wrangling over the much-publicised buyout of Aspion last year is shaping up to be a prolonged and complex drama.

Singapore

TWO individuals whom Malaysia's Top Glove Corp has accused of a conspiracy to defraud the firm over its RM1.37 billion (S$455 million) buyout of Aspion last year have filed counter suits in Malaysia, charging that the world's largest glove maker's...

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