Brief: Aspen (Group) Enters Formal JV Agreement For Manufacturing & Distribution Of Rubber Gloves

Aspen (Group) Holdings

02/09/2020 15:46

Sept 2 (Reuters) - Aspen (Group) Holdings Ltd  ASPE.SI :
    * ENTERED FORMAL JV AGREEMENT FOR MANUFACTURING AND
DISTRIBUTION
OF RUBBER GLOVES AND OTHER RELATED ACTIVITIES
    * INITIAL INVESTMENT TO BE 105 MILLION RGT FOR PHASE 1A
    * ANTICIPATES A FURTHER INVESTMENT OF 40 MILLION RGT TO
COMPLETE
PHASE 1B
    * AGSB TARGETS TO BRING TO MARKET 1.1 BILLION PIECES OF
GLOVES PER
ANNUM BY 3Q 2021

Source text for Eikon:  urn:newsml:reuters.com:*:nSN247n6P
Further company coverage:  ASPE.SI 

 ((Reuters.Briefs@thomsonreuters.com;))