Progress of Vision City project well on track, says Aspen

KUALA LUMPUR (Oct 23): Aspen (Group) Holdings Ltd said the progress of its flagship Aspen Vision City project in Bandar Cassia in Batu Kawan, Penang is well on track with the first development, Vervea shop office, set to obtain the certificate of completion and compliance by December.

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Aspen to secure RM44m via convertible loan

KUALA LUMPUR (May 22): Aspen Group Holdings Ltd is planning to raise RM44 million via a convertible loan agreement to finance its investments in associate company Global Vision Logistics Sdn Bhd in Shah Alam, the construction of the central park located in Aspen Vision City, investment in associate company Bandar Cassia Properties (SC) Sdn Bhd, its other development projects and for working capital.

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Kerjaya Prospek bags contract from Aspen Group worth RM442 mil

KUALA LUMPUR (Aug 17): Kerjaya Prospek Group Bhd wholly-owned subsidiary Kerjaya Prospek (M) Sdn Bhd has been awarded a contract worth RM442 million for the main building works of a proposed development project from Aspen Vision City Sdn Bhd, a joint venture company of Aspen Group and IKEA Southeast.

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Aspen plans RM550 mil RTO with Yi-Lai

KUALA LUMPUR (Feb 25): Penang-based property developer Aspen Group is planning a reverse takeover (RTO) of ceramic and homogeneous tiles maker Yi-Lai Bhd, which will see the latter branching out into property development.

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Aspen Group eyes listing by end-2016

GEORGE TOWN (Jan 22): Penang-based property player Aspen Vision Development Sdn Bhd (Aspen Group) is targeting to have its shares floated — either on the Main Market of Bursa Malaysia or the Catalist board of the Singapore Exchange (SGX) — by the fourth quarter of this year, according to Aspen Group co-founder and chief executive officer Datuk M Murly (pictured).

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