BUTTERWORTH (July 28): Penang-based property player Aspen Vision Development Sdn Bhd is hoping to ink a share sale agreement for its RM550 million reverse takeover (RTO) of ceramic and homogenous tiles maker Yi-Lai Bhd by next week, which will pave the way for the former to be listed on Bursa Malaysia.
PETALING JAYA (April 29): Aspen Vision City’s first residential development – Vertu Resort in mainland Penang, has seen 50% of its condominium units taken-up since its soft launch in February this year, according to Aspen Group.
PETALING JAYA (March 14): Ikano Pte Ltd – which owns the IKEA franchise in Malaysia – will open its first store in Batu Kawan on Penang’s mainland in 3Q2018.
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.
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).
GEORGETOWN (Jan 5): Penang-based Aspen Group has set a sales target of RM1 billion this year after recording sales of RM900 million last year.
GEORGE TOWN (Sept 15): The people will have a say in the naming of Penang’s new, intelligent, satellite township on mainland Seberang Perai.
KUALA LUMPUR: Aspen Group Holdings Sdn Bhd, through its subsidiary Aspen Vision City Sdn Bhd, has signed a loan deal totalling RM196 million with OCBC Bank (M) Bhd to finance the development of Phase 1 of the multibillion-ringgit Aspen Vision City project in Batu Kawan, Penang.
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