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  2. Share Prices
  3. Aseana Prop. Share Price
  4. Aseana Prop. Share Regulatory News
  5. Aseana Interim Results update

Pin to quick picksAseana Prop. Regulatory News (ASPL)

Aseana Prop. Information

Share Price Information for Aseana Prop. (ASPL)

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Aseana Interim Results update

28 Aug 2008 11:20

RNS Number : 1988C
Aseana Properties Limited
28 August 2008
 



Date: 28 August 2008

On behalf of: Aseana Properties Limited ("Aseana" or "the Company")

For immediate Release

 

Aseana Properties Limited

NAV / RNAV update

Pursuant to the release of its interim results earlier today, Aseana Properties Limited (LSE: ASPL), a leading Asian property developer on the Official List of the London Stock Exchange, announces that the NAV and RNAV per share, as at 30 June 2008, were US$0.947 and US$1.129 respectively.

Enquiries:

Aseana Properties Limited

Contactable via Redleaf

Redleaf Communications

Tel: 020 7822 0200

Adam Leviton / Samantha Robbins / Kathryn Hurford 

Email: al@redleafpr.com

Fairfax I.S. PLC

Tel: 020 7598 5368

James King / Gillian McCarthy

Notes to Editors

Ireka Development Management, the Manager, is a wholly-owned subsidiary of Ireka Corporation Berhad, a company listed on the Bursa Malaysia since 1993, which has 40 years of experience in construction and property development.
The Company typically invests in development projects at the pre-construction stage, with a primary focus on locations within the major cities of Malaysia and Vietnam.
Investment is made in projects where it is believed there will be a minimum 30% annualised return on equity ("ROE") on investments in Vietnam and a minimum 20% ROE on investments in Malaysia.
No one underlying single asset will account for more than 30% of the gross assets of the Company at the time of investment.
The Directors believe the following factors should provide sustainable growth in the real estate sectors of both Malaysia and Vietnam:

An increasing standard of living and urbanisation driven by a burgeoning young and middle class population

Clear Government role in encouraging participation of private sectors in real estate development, as well as encouraging and promoting land and property ownership

Improving availability of mortgages to encourage property ownership

Favoured Foreign Direct Investment (FDI) destinations driving demand for commercial and industrial properties

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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1st Mar 20228:00 amRNSSale of Vietnam Assets
31st Jan 202212:34 pmRNSAppointment of Financial Adviser
26th Oct 20217:00 amRNSShares in Public Hands - Update
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3rd Aug 202112:00 pmRNSFull Year Results for the year ended 31 Dec 2020
29th Jun 20217:30 amRNSSuspension - Aseana Properties Limited
28th Jun 20215:35 pmRNSTemporary suspension of listing
28th May 202111:59 amRNSResult of General Meeting
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29th Apr 20217:00 amRNSExtension of Reporting Deadline
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14th Oct 20205:15 pmRNSUpdate on the demerger proposal
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