Aspen Group Holdings

Aspen Group triggers SGX query after 55.9% share price hike - THE EDGE SINGAPORE

SGX query

Aspen Group triggers SGX query after 55.9% share price hike

The company’s shares are the most heavily traded among counters on the SGX-ST so far.
Aspen announces sale of industrial land and factory for $61 million  - THE EDGE SINGAPORE

Property

Aspen announces sale of industrial land and factory for $61 million

Aspen Group Holdings, a Malaysian based developer is divesting glove making infrastructure

Property

Aspen sells two units in Beacon Executive Suites for $410,110 in IPT

According to Aspen Group, the sale price is based on the same amount that’s being offered to the public.
Oxley proposes to distribute shares in Aspen Group via dividend in specie - THE EDGE SINGAPORE

Corporate moves

Oxley proposes to distribute shares in Aspen Group via dividend in specie

Oxley owns some 101.34 million shares in Aspen, or a 9.4% stake in the total number of shares in the latter.

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
Aspen says glove operations 'on track' while property construction 'affected slightly' following Malaysia's MCO 3.0 - THE EDGE SINGAPORE

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.
LOGOS to become shareholder of Aspen subsidiary for RM296.7 mil - THE EDGE SINGAPORE

Deals, joint ventures & alliances

LOGOS to become shareholder of Aspen subsidiary for RM296.7 mil

Upon completion of the subscription, the shareholders of GVL and LOGOS will also enter into a shareholders’ agreement.
Aspen Group subsidiary, Aspen Glove, secures sales of US$100 mil - THE EDGE SINGAPORE

Contracts

Aspen Group subsidiary, Aspen Glove, secures sales of US$100 mil

As at 12.39pm, shares in Aspen are trading 3 cents higher or 12.5% up at 27 cents.
Aspen returns to profitability, reports profit before tax of $24.6 mil in 3Q business update - THE EDGE SINGAPORE

Results

Aspen returns to profitability, reports profit before tax of $24.6 mil in 3Q business update

The group says it is “optimistic” on maintaining profitability for the financial year ending Dec 31.
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