Aspen (Group) Holdings

Insider moves

Oxley Holdings and First Resources in active share buybacks

Oxley plans to distribute its shares in Aspen to shareholders

Results

Aspen posts loss of RM130 mil in FY2022 earnings in light of failed diversification into healthcare segment

Gross profit for FY2022 was at RM29.2 million, down 72% from RM104.9 million in FY2021.
SGX slaps Aspen, group CEO Murly and executive directors with public reprimand for the breach of SGX's listing rules - THE EDGE SINGAPORE

Management & Corporate Governance

SGX slaps Aspen, group CEO Murly and executive directors with public reprimand for the breach of SGX's listing rules

The breach in listing rules was in relation to Aspen's MSA with Honeywell International.

Company in the news

Aspen (Group)'s glove subsidiary receives claim for RM29.35 mil

Aspen Glove had earlier received a claim of RM84.4 mil from Tialoc Malaysia

Company in the news

Aspen (Group) receives adjudication notice from Tialoc to claim RM84.4 million

Led president and group CEO Murly Manokharan, Aspen tried to expand from property into glove-making as well

Results

Aspen sinks into the red for 2H21 as gross profit shrinks 93%

The group’s revenue largely come from property development. Its glovemaking healthcare segment makes up 20% of revenue.

Results

Aspen expects to report net loss for 1HFY2022

Aspen expects a loss for the coming 1HFY2022 period.
Aspen Glove obtains FDA's 510(k) clearance to sell latex gloves in the US - THE EDGE SINGAPORE

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.
Aspen share price surges 30%, triggers SGX query - THE EDGE SINGAPORE

SGX query

Aspen share price surges 30%, triggers SGX query

This is the second query the company has received in the last three months.
Aspen triggers SGX query on share price movements - THE EDGE SINGAPORE

SGX query

Aspen triggers SGX query on share price movements

Aspen's share price climbed to a high of 19.3 cents this morning, up 27% from the previous close of 15.2 cents.
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