Asian Plantations Limited Update on Formal Sale Process (3339I)
May 29 2014 - 4:00AM
UK Regulatory
TIDMPALM
RNS Number : 3339I
Asian Plantations Limited
29 May 2014
29 May 2014
Asian Plantations Ltd
("Asian Plantations" or the "Company")
Update on Formal Sale Process
Further to the announcement of 28 April 2014 in accordance with
its obligations under the Singapore Code on Takeovers and Mergers,
Asian Plantations Limited (LSE: PALM), the AIM-listed palm oil
plantation company with operations in Malaysia covering some 24,622
Ha, announces that it remains in discussions with several parties
which might or might not lead to a sale of its entire issued share
capital, however there can be no certainty as to the outcome of
these discussions or whether an offer will be made.
Further announcements will be made in due course.
-ENDS-
For further information, please contact:
Asian Plantations Limited
Graeme Brown, Co-Founder & Joint Chief Tel: +65 6325 0970
Executive Officer
Dennis Melka, Co-Founder & Joint Chief
Executive Officer
Strand Hanson Limited
James Harris Tel: +44 (0) 20 7409
James Spinney 3494
Macquarie Capital (Europe) Limited
Steve Baldwin Tel: +44 (0) 203
Dan Iacopetti 037 2000
Panmure Gordon (UK) Limited
Tom Nicholson Tel: +65 6824 8204
Callum Stewart Tel: +44 (0) 20 7886
2500
Bankside Consultants
Simon Rothschild Tel: +44 (0) 20 7367
8871
This information is provided by RNS
The company news service from the London Stock Exchange
END
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