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Last checked at 
22 Jul 2009 11:26
ο»Ώ
Date: 22Β JulyΒ 2009
On behalf of: Aseana Properties LimitedΒ ("Aseana" orΒ "the Company")
Immediate Release
Aseana Properties Limited
Aseana Properties Limited (LSE: ASPL), a leading Asian property developer investing in Malaysia and Vietnam, today announces that Dato' Seri Ismail Bin Shahudin, a non-executive director of the Company, was recently appointed to the following listed companies:
Β
|
Company |
Remarks |
|
Malayan Banking Berhad |
Public company listed onΒ BursaΒ Malaysia |
|
Mutiara Goodyear Development Berhad |
Public company listed onΒ BursaΒ Malaysia |
|
Plus Express Berhad |
Public company listed onΒ BursaΒ Malaysia |
|
UEM Group Berhad |
wholly owned subsidiary of Khazanah National Berhad, one of the Malaysian Government's investment arms |
|
EP Manufacturing Berhad |
Public company listed onΒ BursaΒ Malaysia |
|
SMPC Corporation Berhad |
Chairman, Public company listed onΒ BursaΒ Malaysia |
Aseana is listed on the Main List of the London Stock Exchange.
Β
-Ends-
Further information, please contact:
Enquiries:
|
Redleaf Communications |
Tel:Β 020Β 7566Β 6700 |
|
Samantha Robbins / Adam LevitonΒ / Kathryn Hurford |
Email:Β aseana@redleafpr.com |
|
Fairfax I.S. PLC |
Tel: 020 7598 5368 |
|
James KingΒ /Β Gillian McCarthy |
Notes to Editors
Aseana Properties LimitedΒ typically investsΒ in development projects at pre-construction stage, with a primary focus on locationsΒ within the major cities ofΒ MalaysiaΒ andΒ Vietnam.
InvestmentΒ is made in projects where itΒ 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.
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