Aspen will transfer to SGX Mainboard on Jan 28
Trading of the company’s shares will commence at 9am on the same day.
Trading of the company’s shares will commence at 9am on the same day.
The land measures about 6,740.76 sqm (or 72,557 sqft) and was purchased to support the expansion of the group’s operations, as well as the expansion of of production capacity for cleanroom gloves.
Under the agreement, LOGOS will subscribe for 3.75 million shares in GVL at an issue price of RM79.11 per subscription share, which is equivalent to 60% of the issued and paid-up capital of GVL following the subscription.
Ong told Parliament on Jan 4 that the proposal to do so was a “fundamental departure” from the original agreement.
The group says the profit came due to operating revenue generated during the quarter, despite the negative impact of the Covid-19 pandemic