Aspen to scale down its glove-making unit, warns of material impact

KUALA LUMPUR (June 9): Singapore-listed Aspen (Group) Holdings Ltd has announced plans to "significantly" scale down its glove-making unit as it suffers from industry-wide issues from lower demand and falling average selling price (ASP), resulting in it being unable to secure significant new purchase orders from its existing or new customers.

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Aspen Group reaches settlement of RM56.4m tax with IRB

KUALA LUMPUR (Oct 7): Aspen (Group) Holdings Ltd said its wholly-owned indirect subsidiary Aspen Vision Land Sdn Bhd (AVL) and three other subsidiaries of the group had entered into composite agreements with the director-general of the Inland Revenue Board (IRB) for a sum of RM56.

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