aspen

Aspen to pay RM40 million to contractor Tialoc in global settlement

Aspen Glove's contractor Tialoc claims that it is owed RM78.1 million in outstanding sums plus financing charges.

Aspen units demand contractor Tialoc withdraw lawsuit, claims made

The writ names Aspen Group, Aspen Glove’s directors, Aspen Vision All and KHTP Assets as co-defendants.

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the legal suits against Aspen Vision Land and Aspen Vision City in the High Court of Malaya at Penang, Malaysia will be withdrawn.

Aspen units reach settlement with party seeking RM15 million refund

In its announcement to the Singapore Exchange on Sunday, Aspen denies that the construction has been frustrated or impossible to perform as alleged by PDC. 

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.

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

The group’s core business is in property development in Malaysia – building residential and mixed-use properties that target middle-income mass market purchasers.

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

Aspen Glove's manufacturing facility in Kedah. The factory has a built-up area of 426,191 sq m.

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.

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, which manufactures and distributes rubber gloves.

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