The Business Times

aspen

Companies & Markets

Aspen to pay RM40 million to contractor Tialoc in global settlement

Tialoc claims Aspen Gloves owes it RM78.1 million (S$22.7 million) in outstanding sums plus financing charges.
Companies & Markets

Aspen units demand contractor Tialoc withdraw lawsuit, claims made

The writ, which was received on Aug 28, named Aspen Group, Aspen Glove’s directors, Aspen Vision All and KHTP Assets as co-defendants.
Companies & Markets

Aspen receives RM78 million claim for alleged outstanding debts, denies fraudulent trading

With the global settlement, the legal suits against Aspen Vision Land and Aspen Vision City will be withdrawn, the mainboard listed company said. 
Companies & Markets

Aspen units reach settlement with party seeking RM15 million refund

Aspen said it denies that the construction has been frustrated or impossible to perform as alleged by PDC. 
Companies & Markets

Aspen subsidiaries slapped with writ of summons for RM15 million refund

Aspen Glove's manufacturing facility. The glove manufacturer intends to contest the notice of termination and demand from Gas Malaysia Energy and Services.
Companies & Markets

Aspen Glove to fight gas supply deal termination and RM306.4m claim

Aspen Group’s core business is on property development in Malaysia — creating both residential and mixed use properties which target middle-income mass market purchasers.
Companies & Markets

Hot stock: Aspen soars 55% to three-month high, triggers SGX query

Aspen Glove's manufacturing facility in Kedah.
Companies & Markets

Aspen unit proposes another buyer to sell rights title and interest in land, factory for RM200 million

Malaysia’s minimum wage for Malaysia workers is reviewed every 2 years. It was last raised in Feb 2020 to RM1,200, up from RM1,100 before.
ASEAN Business

Singapore companies in Malaysia do not expect big hit from minimum wage hike

SIAS queried Aspen on its board's approval process for diversification into the healthcare business, in which it manufactures and distributes rubber gloves.
Companies & Markets

Aspen says ‘extensive’ research done before entering glove market, after Sias notes poor results

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