Aspen (Group) Holdings Ltd. (SG:1F3) has released an update.
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Aspen (Group) Holdings Ltd. has reported no significant progress in the winding up of its indirect subsidiary, Aspen Glove Sdn. Bhd., except for a concluded arbitration with Tialoc Malaysia Sdn. Bhd. The International Chamber of Commerce has facilitated a Consent Termination Order, resulting in the equal sharing of fees between both parties, which is not expected to impact Aspen’s financial position.
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