Aseana Prop. Regulatory News (ASPL)

23 November, 2020

Aseana Properties Limited ("Aseana" or the "Company")

Appointment of new Director

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 Tom Holland has been appointed as an independent director of the Company with immediate effect.

Tom has been based in Asia for 23 years with experience working in leadership positions in a number of financial firms. Tom has been active in Vietnam since 2006, having led the investments in large real estate developments as well as privatising state owned enterprises.

Prior to founding his current platform, Development Finance Asia, a boutique investment firm, Tom was head of Asia for Cube Capital and a senior investment manager for Income Partners Asset Management. Tom has a track record of successfully managing private investments in Vietnam, Malaysia, China, Indonesia, Myanmar, Mongolia and Cambodia.

Tom holds a number of non-executive director roles for financial services, logistics and consumer companies across Asia. Tom has held the following directorship of a publicly listed company in the previous 5 years: he was appointed to the Board of APU Joint Stock Company ("APU"), Mongolia, on 26 April 2019, and currently holds this position. APU, a fast moving consumer goods company, is the largest company by market capitalisation on the Mongolian Stock Exchange.

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