You are here


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

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.


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...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to