aspen
Aspen to pay RM40 million to contractor Tialoc in global settlement
ASPEN Group has reached a global settlement with Tialoc Malaysia to pay the contractor a settlement of RM40 million (S$11.4 million), putting an end to a months-long dispute between the two.
Aspen units demand contractor Tialoc withdraw lawsuit, claims made
ASPEN (Group) on Monday (Oct 16) said its subsidiaries issued a letter of demand to contractor Tialoc Malaysia to withdraw a lawsuit filed in the Penang High Court, and “unequivocally deny” the claims...
Aspen receives RM78 million claim for alleged outstanding debts, denies fraudulent trading
ASPEN Group on Wednesday (Aug 30) said that its indirect subsidiary Aspen Glove received a writ of summons endorsed with a statement of claim filed by contractor Tialoc Malaysia in the Penang High Cou...
Aspen units reach settlement with party seeking RM15 million refund
ASPEN Group on Wednesday (Mar 15) said its subsidiaries have settled out of court with Penang Development Corporation (PDC) over the party’s claim for a RM15 million (S$4.6 million) refund.
Aspen subsidiaries slapped with writ of summons for RM15 million refund
ASPEN Group on Sunday (Feb 12) said its subsidiaries have received a writ of summons filed by the Penang Development Corporation (PDC), seeking a refund of RM15 million (S$4.6 million).
Aspen Glove to fight gas supply deal termination and RM306.4m claim
ASPEN Glove, a subsidiary of mainboard-listed Aspen Group, has on Feb 1, 2023 received a letter from Gas Malaysia Energy and Services to terminate a gas supply agreement made between the companies and...
Hot stock: Aspen soars 55% to three-month high, triggers SGX query
SHARES of Malaysian property developer Aspen (Group) soared 55 per cent on Thursday (Dec 29) morning to reach a three-month high of S$0.053, before easing slightly to S$0.049 at 9.56 am.
Aspen unit proposes another buyer to sell rights title and interest in land, factory for RM200 million
ASPEN Glove, a unit of mainboard-listed Aspen Group, has entered an agreement to sell its rights title and interest in a piece of leased land in Malaysia and the factory built upon it for RM200 millio...
Singapore companies in Malaysia do not expect big hit from minimum wage hike
MALAYSIA'S 25 per cent hike of its minimum wage to RM1,500 (S$477), effective May 1, is not expected to have a significant impact on Singapore-based companies with operations there, as many workers ar...
Aspen says ‘extensive’ research done before entering glove market, after Sias notes poor results
ASPEN (Group) Holdings on Sunday (Oct 30) defended its decision to enter the glove manufacturing market, after poor results led the Securities Investors Association (Singapore) (Sias) to seek more inf...
