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Home / News / Company News

Aspen raises $23.8 mil for glove-making venture upon placement of shares

Company in the news

Aspen raises $23.8 mil for glove-making venture upon placement of shares

The Edge Singapore Published on Wed, Nov 18, 2020 / 9:50 PM GMT+8

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Penang-based Aspen (Group) Holdings has raised $23.8 million placing out 100 million new shares.

The subscribers, paying 23.8 cents per share, include Chua Ma Yu and Chua Sai Men, directors of Aspen Glove Sdn Bhd, which is a glove-making joint venture of Aspen’s.