Holding(s) in Company
July 12 2010 - 9:36AM
UK Regulatory
TIDMPALM
RNS Number : 2151P
Asian Plantations Limited
12 July 2010
12 July 2010
Asian Plantations Limited
("APL" or the "Company")
Holdings in Company
Asian Plantations Limited (LSE: PALM), a palm oil plantation company with
operations in Malaysia, today received notification that the Asian Agriculture
Fund ("AAF") acquired 310,000 ordinary shares of no par value in the Company
("Ordinary Shares"), thereby increasing its stake in the Company to 960,000
Ordinary Shares, representing approximately 3.25 per cent. of the Company's
issued Ordinary Share capital.
AAF is an agricultural investment fund registered in Singapore and managed by
Asian Agri Capital Limited. Additional information on AAF and Asian Agri Capital
Limited can be found at www.asianagricapital.com.
Dennis Melka, the Company's Joint Chief Executive Officer, commented: "We are
delighted that AAF has increased their position in the Company as we continue to
grow Asian Plantations and complete our planting programme by 2012."
For further information contact:
+---------------------------------+---------------------------+
| Asian Plantations Limited | |
| Dennis Melka, Joint Chief | |
| Executive Officer | Tel: +65 9878 4171 |
| Graeme Brown, Joint Chief | |
| Executive Officer | Tel: +60 19 8560221 |
| | |
+---------------------------------+---------------------------+
| Strand Hanson Limited | |
| James Harris | Tel: +44 (0)20 7409 3494 |
| Paul Cocker | |
| | |
+---------------------------------+---------------------------+
| Mirabaud Securities LLP | |
| Rory Scott | Tel: +44 (0)20 7878 3360 |
| | |
+---------------------------------+---------------------------+
| Bankside Consultants | |
| Simon Rothschild | Tel: +44 (0)20 7367 8871 |
| Oliver Winters | Tel: +44 (0)20 7367 8874 |
| | |
+---------------------------------+---------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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