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ASPL.GB Aseana Prop

0.00
0.00 (0.00%)
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Realtime Data
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

Aseana Properties Limited Sale of The RuMa Hotel & Residences (3144L)

09/09/2021 2:30pm

UK Regulatory


Aseana Prop (AQSE:ASPL.GB)
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TIDMASPL

RNS Number : 3144L

Aseana Properties Limited

09 September 2021

9 September 2021

Aseana Properties Limited

("Aseana")

Sale of remaining residences at The RuMa Hotel & Residences

Aseana Properties Limited (LSE: ASPL), a property developer in Malaysia and Vietnam, listed on the Main Market of the London Stock Exchange, announces that it has entered into a conditional agreement to sell the remaining 58 unsold residences at The RuMa Hotel & Residences ("RuMa") in Kuala Lumpur. Ownership of RuMa is split with 70% owned by Aseana and 30% by Ireka Corporation Berhad.

The gross sale price for the total transaction is MYR 85.3 million (approximately US$20.5 million) and is subject to, inter alia, final due diligence by the buyer and receipt of government approval for the sale to a foreign investor. It is expected that the transaction will complete within eight months whereupon Aseana will make a further announcement.

For further information:

 
 Aseana Properties Limited 
  Nick Paris                        Tel: 020 3325 7050 
                                  nickparis@btinternet.com 
 Liberum Capital                  Tel: 020 3100 2000 
 Darren Vickers / Owen Matthews 
 
 
 
 

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END

MSCLLMJTMTTMBLB

(END) Dow Jones Newswires

September 09, 2021 09:30 ET (13:30 GMT)

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