Aseana Properties Limited Sale of remaining residences at The RuMa Hotel (2513Z)
12 Mai 2023 - 10:33AM
UK Regulatory
TIDMASPL
RNS Number : 2513Z
Aseana Properties Limited
12 May 2023
12 May 2023
Aseana Properties Limited
("Aseana" or the "Company")
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 with the same party (i) entered
into a conditional agreement to sell 32 unsold residences and (ii)
will shortly enter into conditional agreements to sell the
remaining 25 unsold residences at The RuMa Hotel & Residences
("RuMa") in Kuala Lumpur.
The net proceeds for the total transaction is MYR 72 million
(approximately US$16 million) and is subject to, inter alia, final
due diligence by the buyer and receipt of government approval (land
office) for the sale to a foreign investor. It is expected that the
transaction will complete within six months whereupon Aseana will
make a further announcement.
For further information:
Aseana Properties Limited
Nick Paris, Non-Executive Chairman nickparis@btinternet.com
+44(0)7738 470550
Grant Thornton UK LLP
Philip Secrett / George Grainger +44(0)20 7383 5100
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END
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May 12, 2023 04:33 ET (08:33 GMT)
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