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Aspen Glove
Company in the news
Aspen Group files counterclaim against Tialoc Malaysia
Aspen Glove received a claim for an alleged outstanding sum of RM78.1 million from Tialoc in August.
December 27, 2023
Company in the news
Aspen Group to wind up glove subsidiary
The group first established Aspen Glove during the pandemic in August 2020 to diversify its existing scope of business.
July 16, 2023
Company in the news
Aspen's glove subsidiary facing RM93.2 mil claim from contractor
On Feb 11, the company recorded a loss of RM59.4 million for 2HFY2021 ended Dec 31, 2021
March 03, 2022
Company in the news
Aspen Glove obtains FDA's 510(k) clearance to sell latex gloves in the US
Aspen Glove will now be able to design, manufacture and distribute the gloves under the “Aspen Glove” trademark in the US market.
September 23, 2021
Company in the news
Aspen confirms US$210 million glove deal with Honeywell is off, looking for new buyers
The company also said two recent key executives' resignation had nothing to do with the Honeywell deal
June 05, 2021
Covid-19
Aspen says glove operations 'on track' while property construction 'affected slightly' following Malaysia's MCO 3.0
Aspen's first shipments of gloves are scheduled for delivery by end of May.
May 17, 2021
Manufacturing
Aspen obtains 100% investment tax allowance for glove-making subsidiary for 10 years
Aspen Glove is entitled to a tax allowance of 100% of its capital expenditure excluding land cost for 10 years.
April 05, 2021