Last checked at 22 Jul 2009 11:26
Date: 22 July 2009
On behalf of: Aseana Properties Limited ("Aseana" or "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:
| Company | Remarks |
| Malayan Banking Berhad | Public company listed on Bursa Malaysia |
| Mutiara Goodyear Development Berhad | Public company listed on Bursa Malaysia |
| Plus Express Berhad | Public company listed on Bursa 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 on Bursa Malaysia |
| SMPC Corporation Berhad | Chairman, Public company listed on Bursa Malaysia |
Aseana is listed on the Main List of the London Stock Exchange.
-Ends-
Further information, please contact:
Enquiries:
| Redleaf Communications | Tel: 020 7566 6700 |
| Samantha Robbins / Adam Leviton / Kathryn Hurford | Email: aseana@redleafpr.com |
| Fairfax I.S. PLC | Tel: 020 7598 5368 |
| James King / Gillian McCarthy |
Notes to Editors
Aseana Properties Limited typically invests in development projects at 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.