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Pin to quick picksAseana Prop. Regulatory News (ASPL)

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Quarterly Investor Update

17 Feb 2014 07:41

RNS Number : 2003A
Aseana Properties Limited
17 February 2014
 



17 February 2014

 

Aseana Properties Limited

("Aseana")

 

Quarterly Investor Update

 

Aseana Properties Limited (LSE: ASPL), a property developer in Malaysia and Vietnam, listed on the Main Market of the London Stock Exchange, has issued its Quarterly Investor Update for the three month period to 31 December 2013, a copy of which can be obtained from Aseana's website at: http://www.aseanaproperties.com/quarterly.htm .

 

Highlights:

 

· City International Hospital officially opened on 5th January 2014.

· SENI Mont' Kiara achieved 85% sales to date representing an increase of 13 units since November 2013 and a further 3% booked with deposit paid.

· Sales at The RuMa Hotel and Residences progressing well with 39% signed sales and purchase agreements and a further 4% booked with deposit paid.

· The Aloft Kuala Lumpur Sentral Hotel recorded a lower occupancy rate of 53% in January 2014, being the month of Lunar New Year.

· The Four Points by Sheraton Sandakan Hotel ("FPSS") recorded a high occupancy rate of 52% in December 2013 but occupancy rate fell to 38% in January 2014.

· Aseana announced the cancellation of its 500,000 shares held in treasury on 30 December 2013.

 

 

 

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

 

N+1 Singer

Tel: 020 7496 3000

James Maxwell (Corporate Finance) /Sam Greatrex (Sales)

 

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) is a property developer investing in Malaysia and Vietnam.

 

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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