Aspen Group

Results

Aspen Group reverses into earnings of RM38.26 mil for FY2024

Revenue for the full year was down 9% y-o-y to RM245 million.

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.
Thai, Chinese glove makers muscle in as demand spikes - THE EDGE SINGAPORE

Covid-19

Thai, Chinese glove makers muscle in as demand spikes

With the global vaccine roll-out underway and Chinese glove manufacturers joining the fray, could oversupply be on the cards?
Aspen reports 3.8 times growth in FY2020 earnings of RM71.4 mil; aims to accelerate rubber gloves manufacturing - THE EDGE SINGAPORE

Results

Aspen reports 3.8 times growth in FY2020 earnings of RM71.4 mil; aims to accelerate rubber gloves manufacturing

EPS for the 2HFY2020 and FY2020 stood at 8.55 sen and 7.16 sen respectively.

Update

Aspen signs management agreement, MoUs with Mariott International

SINGAPORE (Feb 4): Aspen Group’s joint venture (JV) with IKEA Southeast Asia, Aspen Vision City, on Saturday signed a management agreement with Mariott International to operate the Aloft Penang Batu Kawan hotel when it opens in Penang, Malaysia, in 2023

Property

Aspen unit to acquire 3 industrial plots in Selangor for $62.4 mil

SINGAPORE (Nov 30): Aspen Group’s associated company Global Vision Logistics (GVL) has entered into a sale and purchase agreement to acquire three plots of leasehold industrial land for a total of RM 190 million ($62.4 million).
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