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Director Declaration

9 May 2012 13:22

RNS Number : 9920C
Aseana Properties Limited
09 May 2012
 



9 May 2012

 

 

Aseana Properties Limited

(the "Company")

 

Director Information

 

Aseana Properties Limited (LSE: ASPL) a property developer investing in Malaysia and Vietnam, listed on the Main Market of the London Stock Exchange, announces that Mohammed Azlan Hashim, the Non-Executive Chairman of the Company, was recently appointed a Non-Executive Chairman of Chaswood Resources Holdings Ltd, a company listed on the Singapore Stock Exchange.

 

Mohammed Azlan Hashim has also recently resigned as a Non-Executive Chairman of Asiasons WFG Financial Ltd, a company listed on the Singapore Stock Exchange.

 

 

For further information:

 

Aseana Properties Limited

Tel: +603 6411 6388

Chan Chee Kian

 

Email: cheekian.chan@ireka.com.my

Murphy Richards Capital LLP

Tel: 020 3214 9930

Paul Richards / Rachel Rees

Email: paul@murphy-richards.com

Panmure Gordon (UK) Limited

Tel: 020 7459 3600

Richard Gray / Andrew Potts / Brett Jacobs

Email: andrew.potts@panmure.com

Tavistock Communications

Tel: 020 7920 3150

Jeremy Carey / James Verstringhe

Email: jcarey@tavistock.co.uk

 

 

 

Notes to Editors:

 

London-listed Aseana Properties Limited (LSE: ASPL) ("Aseana") is a property developer investing in Malaysia and Vietnam.

 

Aseana typically invests in development projects at pre-construction stage. 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.

 

Ireka Development Management Sdn Bhd ("IDM") is the exclusive Development Manager for Aseana. It is a wholly-owned subsidiary of Ireka Corporation Berhad, a company listed on the Bursa Malaysia since 1993, which has over 45 years of experience in construction and property development. IDM is responsible for the day-to-day management of Aseana's property portfolio and the introduction and facilitation of new investment opportunities.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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