TIDMAAA

RNS Number : 0564E

All Asia Asset Capital Limited

03 May 2017

3 May 2017

All Asia Asset Capital Limited

("All Asia Asset Capital", "AAA" or the "Company")

Receipt of cash consideration

Further to the Company's announcements of 6 March 2017, 24 March 2017 and 18 April 2017, the Board of AAA (AIM: AAA) is pleased to announce the receipt by AAA of the cash consideration equivalent to Thai Baht 34,889,000 in respect of the disposal by the Company of AAA's entire interest in 100% of the issued share capital of Energy Central Limited (the "Disposal"). The Disposal will be completed shortly.

Details of the Disposal are contained in the circular published by the Company on 6 March 2017 which is available on the Company's website (www.aaacap.com) and the Company's announcement of 6 March 2017.

Following completion of the Disposal the Company will have one remaining investment, this being the Company's 7% interest in Myanmar Allure Group Co., Ltd which owns and operates the Allure Resort, a combined hotel, resort and gaming facility located in Tachileik province, Myanmar, in the vicinity of the Thailand-Myanmar Mae Sai border.

For further information:

 
 All Asia Asset Capital Limited 
 Robert Berkeley, Executive Chairman and 
  Finance Director 
 Tel: +44 (0) 207 621 8910 
 Tel: +852 3756 0124 
 www.aaacap.com 
 
   Allenby Capital Limited (Nomad & Broker) 
 Nick Athanas / Nick Naylor / Alex Brearley 
 Tel: +44 (0) 203 328 5656 
 www.allenbycapital.com

About AAA

AAA is an investment company that has been established as a platform for investors looking to access growing markets in the Asia-Pacific region. The Company invests in a portfolio of companies with at least a majority of operations (or early-stage companies that intend to have at least a majority of their operations) in the Asia-Pacific region in industries with high growth potential including, but not limited to: agriculture, forestry and plantations, mining, natural resources, property, and/or technology. AAA is publicly quoted and its shares are traded on the AIM market, which is operated by the London Stock Exchange.

This information is provided by RNS

The company news service from the London Stock Exchange

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May 03, 2017 06:54 ET (10:54 GMT)

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