Aseana Properties Limited Quarterly Investor Update (6149G)
March 05 2018 - 1:00AM
UK Regulatory
TIDMASPL
RNS Number : 6149G
Aseana Properties Limited
05 March 2018
5 March 2018
Aseana Properties Limited
("Aseana")
Quarterly Investor Update
Aseana Properties Limited (LSE: ASPL), a property developer in
Malaysia and Vietnam, listed on the Main Market of the London Stock
Exchange, has issued its Quarterly Investor Update for the three
month period to 31 December 2017, a copy of which can be obtained
from Aseana's website at:
http://www.aseanaproperties.com/quarterly.htm.
Highlights:
-- SENI Mont' Kiara ("SENI") achieved approximately 99% sales to date.
-- The RuMa Hotel and Residences ("The RuMa") achieved
approximately 57% sales based on sale and purchase agreements
signed.
-- The Harbour Mall Sandakan ("HMS") is approximately 70% leased.
-- Four Points by Sheraton Sandakan Hotel ("FPSS") recorded an
average occupancy rate of approximately 42% for the year to 31
December 2017 and 31% to date, due to quiet market leading up and
during the Lunar New Year.
-- Consultation meetings were held with key shareholders during
29-31 January 2018 to establish whether alternative proposals to
the discontinuation resolution should also be put forward at the
next AGM, in the interests of maximising value for
Shareholders.
For further information:
Aseana Properties Limited Tel: 00 603 6411
6388
Chan Chee Kian Email: cheekian.chan@ireka.com.my
N+1 Singer Tel: 020 7496 3000
James Maxwell / Liz Yong (Corporate
Finance)
Sam Greatrex (Sales)
Tavistock Communications Tel: 020 7920 3150
Jeremy Carey / Kirsty Allan Email: jcarey@tavistock.co.uk
Notes to Editors:
London-listed Aseana Properties Limited (LSE: ASPL) is a
property developer investing in Malaysia and Vietnam.
Ireka Development Management Sdn Bhd ("IDM") is the exclusive
Development Manager for Aseana. It is a wholly-owned subsidiary of
Ireka Corporation Berhad, a company listed on the Bursa Malaysia
since 1993, which has over 51 years' experience in construction and
property development. IDM is responsible for the day-to-day
management of Aseana's property portfolio and the divestment of
existing properties.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCJIMBTMBJMTMP
(END) Dow Jones Newswires
March 05, 2018 02:00 ET (07:00 GMT)
Aseana Properties (LSE:ASPL)
Historical Stock Chart
From Apr 2024 to May 2024
Aseana Properties (LSE:ASPL)
Historical Stock Chart
From May 2023 to May 2024