The rise of Aspen


  • Business
  • Saturday, 19 Mar 2016

In the spotlight: Murly is becoming well known in property circles for his Aspen Group, which made the news two years ago when it inked a deal with IKEA franchisee Ikano Pte Ltd and the Penang Development Corp to embark on a massive RM8bil property project in Batu Kawan, Penang called Aspen Vision City.

More will be heard of this developer and the man behind it if the Yi-Lai RTO pans out

IF the planned reverse takeover (RTO) of tile manufacturer Yi-Lai Bhd goes through, it would see the entry of one-up-and coming property developer from Penang, Aspen Vision Group and its co-founder Datuk M. Murly into the capital market.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Automotive , Aspen , Yi-Lai , RTO

   

Next In Business News

Govt to launch electric motorcycle use scheme tomorrow - Tengku Zafrul
KL shares close lower in line with regional peers
Bank Negara’s international reserves higher at US$112.3bil
Bitsmedia raises US$20mil in latest round of funding
Most Asian FX, stocks decline; traders await US jobs report
Asian shares wobble with Wall Street, oil helps boost bonds
OPEC+ output cuts may do little to add vigor to the global oil market
MIDF Research expects Malaysia's GDP growth to improve to 4.7% in 2024
Yuan slips, weighed by mixed trade data, Moody's outlook
CIMB Bank introduces Account 2 support facility for EPF members

Others Also Read