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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Aseana Prop | AQSE:ASPL.GB | Aquis Stock Exchange | Ordinary Share | JE00B1RZDJ41 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.00 | - |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jan 2020 to Jan 2025
TIDMASPL
RNS Number : 2189T
Aseana Properties Limited
17 July 2020
17 July, 2020
Aseana Properties Limited
("Aseana" or the "Company")
Sale of two land plots in Kota Kinabalu, Sabah, Malaysia
Aseana Properties Limited (LSE: ASPL LN), a property developer in both Malaysia and Vietnam which is listed on the Main Market of the London Stock Exchange, announces that it has entered into two Sale and Purchase Agreements to sell its remaining two plots of land in Kota Kinabalu to a party related to Ireka Development Management, the former Development Manager of the Company, for a total cash consideration of approximately US$4 million, which represents a 10% discount to their unaudited Net Asset Value as at 31 December 2019. The Company will receive a 20% cash deposit and the balance of the proceeds are expected to be received when the sales complete in three months time.
This sale is not dependent on the completion of the demerger transaction that was announced by the Company on 15 July 2020.
For further information:
Aseana Properties Limited Tel: 020 7920 3150 (via Tavistock) Liberum Capital Tel: 020 3100 2000 Gillian Martin / Owen Matthews Tavistock Tel: 020 7920 3150/07836 734 625 Jeremy Carey / James Verstringhe jeremy.carey@tavistock.co.uk
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
MSCGPUAPMUPUURQ
(END) Dow Jones Newswires
July 17, 2020 02:00 ET (06:00 GMT)
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