Brief: Aspen (Group) Says Unit Entered Deal For Offtake Of Its Entire 2021 Production

Aspen (Group) Holdings

13/01/2021 04:59

Jan 13 (Reuters) - Aspen (Group) Holdings Ltd  ASPE.SI :
    * UNIT ENTERED SALES AND DISTRIBUTION AGREEMENT FOR OFFTAKE
OF ITS
ENTIRE 2021 PRODUCTION
    * DEAL VALUE OF US$100 MILLION
    * UNIT'S PRODUCTION ESTIMATED TO BE ABOUT 1 BILLION PIECES
OF
GLOVES IN 2021
    * SEES WORK TO GO ON AS SCHEDULED DESPITE 14-DAY MOVEMENT
CONTROL
ORDER IMPOSED BY GOVERNMENT OF MALAYSIA
    * WILL BRING FORWARD PHASE 2 FOR ANOTHER 12 LINES, TO BEGIN
BY Q2
2022

Source text for Eikon:  ID:nSNZ3nGbd2 
Further company coverage:  ASPE.SI 

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