We at Aspen accelerate our scalable journey towards globalisation with excellent corporate governance, sustainable environmental stewardship, empowered social inclusion and disruptive digital transformation.
To be recognised as one of the key forces shaping the property development industry through quality and affordability.
Our benchmark is to deliver products that elevate the standard of living. Before we embark on any work, we challenge ourselves with the question, “Will our actions spark positive change by making life better for people?”. Every plan is thought through in detail and measured against this benchmark before proceeding. To be a catalyst for positive change is the mantra that shapes our attitude towards work and the way we relate to one another.
Build on relationshipsWe are committed to fostering open communication and acting with integrity in all our relationships. With every service we provide, every business partner and vendor we do business with, every Aspenian and with people we have yet to meet. We strive to ensure every interaction builds into being a loyal, long-term relationship that is mutually beneficial.
Collaborate to InnovateOur business model is to deliver best-in-value solutions and services through new opportunities, smart ideas and strategic collaborations. To achieve our business model we innovate to breathe new life into what we have to work with and we encourage Aspenians to be innovative thinkers who challenge and redefine the status quo. This mentality, together with our business model, is the blueprint upon which we build our organisation and nurture our people.
Be Community-consciousAs Group with diversified business interests and an expanding presence, everything we do has an impact on the communities we serve, locally and globally. We are in an unique position where we can think and act holistically, and our Corporate Conscience Programme gives Aspenians the opportunity to reach out to the less fortunate and those who are in need of a helping hand. We organise activities that are relevant and intentional through charitable campaigns, educational activities, contributions as well as environmental and socio-cultural programmes.
Setting up a company with the vision to be more than just an ordinary developer. We wanted to be unconventional.
Identifying a real market opportunity and meeting the needs of first-time home buyers and investors. Affordable housing project Tri Pinnacle was born.
Creating waves in the industry as a newcomer. Performing beyond our expectations, we achieved remarkable sales despite what was touted as a challenging year for the property sector.
Answering the call to establish Penang’s third satellite city. The master plan was engineered, partnering with Ikano Retail to jointly develop Aspen Vision City and securing a deal to bring the first IKEA store to the North.
Introducing a new business model that is unique and sustainable. Becoming the first developer to offer people the choice of complete solutions
Building a commercial metropolis for an entire region in the North, and from there, moving South to explore. We have set foot in Klang Valley and are looking to other regions as well.
This Malaysia-based property group made its presence strengthened after being listed in Singapore Exchange (SGX).
Promises were delivered on time with the completion of the first private initiated affordable project in Penang followed by successful mass key handover to aspiring home buyers.
The presence of Aspen Vision City leveraged with the opening of IKEA Batu Kawan, the incomparable commercial advantage to the mega project and the completion of the first phase development of the master plan – Vervea Commercial Precinct.
Aspen Group’s subsidiary company Kanada-Ya SG Pte Ltd secured the master franchise rights for exclusive territorial rights to establish and operate KANADA-YA outlets as well as develop the franchise of KANADA-YA in Malaysia, Thailand and Singapore. Voted by The Telegraph as the number one Ramen in London and highly acclaimed around the world for its specialised authentic ramen and system of operation, Kanada-Ya is fast expanding across the globe.
Diversification of Aspen Group in healthcare sector through the establishment of Aspen Glove Sdn. Bhd. to manufacture and distribute top-notch quality medical grade latex and nitrile gloves is a strategic and timely venture as the global demand for latex and nitrile medical examination gloves continues to surge in healthcare, industrial, F&B, hospitality and travel sectors.
Previous NextRather than being limited by the realities of the present, I leverage on them to embark on game-changing paths to create what’s next. Visions of the future should be accelerated by our urge to enrich lives through shared and sustained value creation, with a focus on ESG integration. Vision also enables us to see beyond the ordinary, strategise innovatively and execute our ideas into practical realities that not only gives people what they want, but provides them with the privilege of living better lives.
President and
Group Chief Executive Officer
Dato‘ M. Murly as the co-founder and Group CEO helms the organisation with a steady hand while keeping his sight focused on the future, thus, proving he is a man of action as well as a visionary.
His enviable reputation as one of the youngest Executive Directors and COOs to be recorded in the history of Malaysia’s Public Listed Companies continues to inspire aspiring entrepreneurs till today.
Deeply passionate about whatever he sets out to achieve, Dato’ Murly is renowned for his astute business acumen, ingenuity in disrupting the norm and keen foresight for the innovative. These inherent characteristics have served him well in propelling the Group forward with unwavering determination.
Dato’ Murly’s extensive industrial knowledge, from managing design and construction executions, and a holistic sense of community building from his town and urban master planning days continues to influence the conceptualisation of projects by the Group. With insightful strategies, Dato’ Murly has been able to leverage his combined skills and experiences to step up and lead the way. Dato’ Murly‘s ascent in the business world is fuelled by his desire to seek meaningful change in people’s lives, and how community can be shaped for the better with transformational ideals. This desire continues to spark as Dato‘ Murly steers the Group into new directions of evolution and diversification.
Chairman and Independent Non-Executive Director
Mr. Cheah Teik Seng is recognised in the banking and finance community for his many years in senior management positions in top international investment banks which include Chase Manhattan Bank, BNP Paribas, UBS, Goldman Sachs and Merrill Lynch. Following his illustrious banking career, Mr. Cheah spent more than a decade managing investment funds focusing on private equities in China. He also held extensive independent directorships in various public listed companies in Malaysia, Australia and the Philippines. Activities in these listed entities range from banking and finance, to oil and gas energy, leisure and real estate.
With a long career track record covering businesses in multiple regions such as Malaysia, Singapore, Hong Kong and London, Mr. Cheah brings to the Board an unmatched degree of global perspective as well as a great depth of banking and financial expertise.
Executive Deputy Chairman
Dato’ Seri Nazir Ariff is the co-founder and the Executive Deputy Chairman of the Group. Dato’ Seri Nazir Ariff commands over 40 years of business experience and more than a decade on the forefront of the property sector. He is, therefore, not only a much revered expert in the Malaysian commerce and commodities sectors, but also a respected veteran in the property development industry. He has had a remarkable and multifaceted career, taking on key leadership roles in trade and playing an important part in developing areas of public interest.
He is the current Chairman of Small Medium Enterprise Development Bank Malaysia Berhad. From acting as an independent director in public listed companies, to trading in the tin smelting market, managing financial assets to managing football clubs, championing animal rights to fostering youth scholarship programmes; Dato’ Seri Nazir Ariff has more than a few feathers in his cap and his all-rounder abilities have proven to be invaluable in establishing the roots of Aspen Group.
Leveraging on his wide-ranging experience, business acumen and mentoring spirit, Aspen Group is well-positioned to effectively navigate the ever-changing corporate environment and accomplish greater success.
Group Managing Director
Ir. Anilarasu Amaranazan had enlisted as Operations Director of Aspen Group in June 2015, before becoming the Chief Operating Officer in November 2016. He is presently, the Group Managing Director since 2019. Ir. Anilarasu takes earnest charge of the development and execution of viable business strategies, oversees the Group’s financial performance, operations, marketing activities, investments and business ventures as well as implementing such policies and procedures as part of the overall quality management system for the Group.
Prior to this, he was the Head of the Technical Department in EcoWorld Berhad from July 2014 to June 2015, where he was responsible for the overall project management, project planning, implementation, design and construction review. He was also a Project Manager and Head of the Technical Department in S P Setia Berhad (Penang) from June 2006 to July 2014. He started his career as a Site Engineer with TNH Construction Sdn. Bhd. in May 2005.
Ir. Anilarasu obtained his Bachelor of Engineering (Civil) in August 2005 and a Masters of Science (Construction Management) in March 2011, both from Universiti Teknologi Malaysia. He is a member of the Institute of Engineering Malaysia since May 2009 and is an accredited professional member of the Board of Engineers Malaysia since September 2012.
Non-Independent Non-Executive Director
Dr. Lim Su Kiat’s career history highlights senior positions in investment management and capital transactions across various real estate funds and asset management firms in Asia and Australia namely Allco Finance, Frasers Centrepoint Group, Rockworth Capital Partners and Firmus Capital.
Dr. Lim has extensive experience in the areas of direct investments, real estate capital markets and REITs in real estate markets of Asia including Japan. He holds and has held directorships in the Property Funds and Asset Management Firms.
His multi-jurisdictional experience in the real estate investment and asset management industry brings to the Board an in-depth perspective of the real estate markets in the region.
Independent Non-Executive Director
Dato’ Alan Teo Kwong Chia has served in top and executive roles in various prestigious organisations including AIA Berhad, Great Eastern Life and Genting Group. A specialist in the areas of Human Resources, Operations, Organisational Design and Business Process Management, Dato’ Alan has worked in various management consulting capacities with renowned clients such as Exxon Mobil, Maxis, Ansel, Beiersdorf, Dairy Farm, HSBC and many more.
Dato’ Alan’s consulting experience and operational expertise brings a fresh perspective to the Board’s makeup, and allows Aspen Group to thrive in more areas of operations both internally and externally.
Independent Non-Executive Director
Dato’ Choong Khuat Seng who is esteemed for being a multi-disciplined economist and business rights activist, has extensive experience in multiple sectors, including property construction, building materials, real estate services and property investment. In the last 30 years, Dato’ Choong has held numerous positions of influence through which he has contributed to businesses and served the people. This includes his service as Municipal Councillor for Penang Island Municipal Council, President of the Penang Master Builders & Building Materials Dealers Association and also as the Vice President of the Penang Chinese Chamber of Commerce. His multifaceted approach and extensive network are expected to play a significant role in Aspen Group’s focus in achieving its business goals and diversification initiatives.
Dato’ Choong holds a Bachelor of Economics (Hons) and an MBA, and was awarded the prestigious Darjah Setia Pangkuan Negeri (DSPN) in 2011.
Previous NextWe are connected by a passion to be the best at what we do while looking after the people and planet we live in. Our cultural diversity, unique personalities and focus on sustainability bring us together.
We believe Aspen culture is shaped by our people. We recognise that it is through their determination and dedication that we generate long-term value for our stakeholders and customers. In return, Aspen is committed to shaping a company where everyone has the capability to not just build a great career but to constantly build themselves up and the world around them.
Environmental, social and governance (ESG) is part of our DNA. We strive to make a positive impact to nature and the community, embracing sustainability as a long-term force for change. We are advocates for digital transformation, to innovate and make bold decisions that grow our capabilities as a visionary company and corporate citizen.
