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Pin to quick picksAseana Prop. Regulatory News (ASPL)

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Sale of Vietnam Assets

1 Mar 2022 08:00

RNS Number : 0722D
Aseana Properties Limited
01 March 2022
 

1 March 2022

Aseana Properties Limited

("Aseana" or the "Company")

 

Sale of Vietnam Assets

 

 

Aseana Properties Limited (LSE: ASPL), a property developer in Malaysia and Vietnam which is listed on the Main Market of the London Stock Exchange, is pleased to announce that it has completed the sale of its interests in both the City International Hospital and the adjacent International Healthcare Park in Ho Chi Minh City, Vietnam to its joint venture partner, the Hoa Lam Investment Development Corporation, as announced 25 August 2021.

 

Following these sales the Company has no assets in Vietnam and will concentrate on divesting its remaining four assets in Malaysia.

 

The gross sales price of the transaction is USD $95 million and under the terms of the agreement the buyer has assumed responsibility for the remaining liabilities of these two assets. The Company has received net cash of approximately USD $18.3 million.

 

   

For further information:

 

Grant Thornton UK LLP

 

Philip Secrett / George Grainger

+44(0)20 7383 5100

 

 

 

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DISKZGZZDRNGZZM
Date   Source Headline
27th Aug 20087:00 amRNSAseana to develop first Hi-te
7th Jul 20088:05 amRNSAcquires strategic stake in N
30th Jun 20087:55 amRNSFirst Project Licensed in Vie
26th Jun 200810:22 amRNSQuarterly Investor Update
29th Apr 20087:01 amRNSFinal Results
28th Mar 200810:03 amRNSQuarterly Investor Update
28th Mar 20088:00 amRNSQuarterly Investor Update
25th Mar 20087:01 amRNSSecond investment in Vietnam
14th Dec 200710:57 amRNSSale of non-core asset
30th Nov 200711:04 amRNSQuarterly Investor Update
26th Nov 20077:01 amRNSAcquisition
28th Sep 20076:09 pmRNSInterim Results
31st Aug 200712:36 pmRNSHolding(s) in Company-Amend
30th Aug 200712:24 pmRNSHolding(s) in Company
29th Aug 20072:26 pmRNSAcquisition
22nd Aug 200711:41 amRNSQuarterly Investor Update
22nd Aug 200711:04 amRNSNet Asset Value
16th Aug 200711:06 amRNSJoint Venture
13th Aug 20077:06 amRNSInvestment
19th Jul 20078:00 amRNSSENI Mont' Kiara Raises Bar
1st Jun 20075:13 pmRNSHolding(s) in Company
31st May 20077:01 amRNSSecond Portfolio Investment
15th May 200711:48 amRNSInitial Property Portfolio
5th Apr 20077:01 amRNSFirst Day of Dealings

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