Last checked at 3 Jun 2009 09:51
Date: 3 June 2009
On behalf of: Aseana Properties Limited ("Aseana" or "the Company")
Immediate Release
Aseana Properties Limited
Share Buy-Back
Further to the announcement on 29 May 2009 regarding the share buy-back scheme, Aseana, an Asian property developer investing in Malaysia and Vietnam today announces that on 1 June 2009 it bought back 12,475,000 ordinary shares in the Company all of which will be cancelled. The Company currently has 25,000,000 ordinary shares held in treasury and 1,400,000 of these shares will also be cancelled. Following cancellation, 23,600,000 ordinary shares will be held in treasury, 236,125,000 ordinary shares will be in issue and the voting share capital of the Company will be 212,525,000.
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
An increasing standard of living and urbanisation driven by a burgeoning young and middle class population
Clear Government role in encouraging participation of private sectors in real estate development, as well as encouraging and promoting land and property ownership
Improving availability of mortgages to encourage property ownership
Favoured Foreign Direct Investment (FDI) destinations driving demand for commercial and industrial properties