SINGAPORE (May 22): Aspen Glove has received a letter of demand from Multi Purpose Metal Tech claiming nearly RM29.35 million allegedly owed for the design, fabrication and installation of glove-dipping lines at Aspen Glove’s manufacturing facilities.
As cited in the May 18 letter, Aspen Glove got to pay up within seven days and failing which MPMT will be “entitled to take legal action”.
Aspen Glove, a subsidiary of SGX listed Aspen (Group) Holdings, had on...(click on link for full story on theedgesingapore.com)