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  2. Share Prices
  3. Aseana Prop. Share Price
  4. Aseana Prop. Share Regulatory News
  5. Sale of The RuMa Hotel & Residences

Pin to quick picksAseana Prop. Regulatory News (ASPL)

Aseana Prop. Information

Share Price Information for Aseana Prop. (ASPL)

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Share Price: 0.12
Bid: 0.11
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Sale of The RuMa Hotel & Residences

9 Sep 2021 14:30

RNS Number : 3144L
Aseana Properties Limited
09 September 2021
 

9 September 2021

Aseana Properties Limited

("Aseana")

 

Sale of remaining residences at The RuMa Hotel & Residences

Aseana Properties Limited (LSE: ASPL), a property developer in Malaysia and Vietnam, listed on the Main Market of the London Stock Exchange, announces that it has entered into a conditional agreement to sell the remaining 58 unsold residences at The RuMa Hotel & Residences ("RuMa") in Kuala Lumpur. Ownership of RuMa is split with 70% owned by Aseana and 30% by Ireka Corporation Berhad.

The gross sale price for the total transaction is MYR 85.3 million (approximately US$20.5 million) and is subject to, inter alia, final due diligence by the buyer and receipt of government approval for the sale to a foreign investor. It is expected that the transaction will complete within eight months whereupon Aseana will make a further announcement. 

 

 

For further information:

 

Aseana Properties Limited

Nick Paris

 

Tel: 020 3325 7050

nickparis@btinternet.com 

 

Liberum Capital

Tel: 020 3100 2000

Darren Vickers / Owen Matthews

 

 

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