Aseana Properties Ltd - Property developer in Malaysia and Vietnam - Says it is still making progress on the sale of its Sandakan hotel asset, as well as the adjacent Harbour Mall Sandakan asset, and that an extension has been made to the sale and purchase agreement. Explains that payment of part of the purchase price is being arranged. Read More
(Alliance News) - The following is a round-up of earnings of London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
Aseana Properties Ltd - Jersey-headquartered property developer in Malaysia and Vietnam - On Wednesday said shareholders voted against discontinuation resolution at general meeting on Tuesday. Company will continue to seek asset disposal "in a measured manner" until next discontinuation vote in May 2025. At annual general meeting also on Tuesday, shareholders re-elected Chair Nicholas Paris with 57% of the vote; 43% voted against. Non-Executive Director Hock Chye Tan also was re-elected with 79% of the vote. However 67% voted against re-electing Monica Lai to the board. Lai's duties as non-executive director therefore have stopped with immediate effect. Read More
(Alliance News) - Aseana Properties Ltd on Friday said that it has agreed to sell a number of its unsold residences in Kuala Lumpur. Read More
(Alliance News) - The following is a round-up of earnings updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
Aseana Properties Ltd - Jersey-based property developer with investments in Malaysia and Vietnam - In the first half of 2022, pretax loss widens to USD12.8 million from USD1.3 million a year before. Records no revenue for the period, comapred to USD516,00 a year before. Net asset value per share amounts to 40 cents at June 30, down from 47 cents at the end of December. Says Covid travel restrictions were lifted in January in Malaysia, but borders did not reopen until April 1. This hit the RuMa Hotel, which has 32% occupancy for the period. Also notes the headwinds of Covid-19 restrictions in China, the economic impact of the Ukraine war, as well as monetary policy tightening across central banks. Read More
Aseana Properties Ltd - Jersey-based property development company - On Wednesday, announces that the conditions of the agreement to sell the remaining residences at RuMa Hotel & Residences have not been met. Consequently, the sale agreement was terminated. Company therefore restarts efforts to find a new potential buyer for the assets. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Aseana Properties Ltd - Jersey-based property development company - Notes that Director Christopher Lovell was re-elected to the board with 51% of shares cast at the firm's annual general meeting on Friday. Lovell originally joined the company as independent non-executive director in March 2007, before retiring at the 2018 annual general meeting. He returned to the company as non-executive director in June 2019. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
TRADING UPDATES: Schroder Asian, AVI Japan both outperform benchmarks Read More
TRADING UPDATES: Cohort gets contract extension; IQGeo wins new deal Read More
IN BRIEF: Aseana Properties sells Vietnamese assets for USD95 million Read More
IN BRIEF: Only 21% of Aseana Properties shares owned publicly Read More
TRADING UPDATES: Aferian buys 24i as profit triples; NWF revenue down Read More
IN BRIEF: Aseana shares to be suspended pending 2020 report release Read More
UK shareholder meetings calendar - next 7 days Read More
TRADING UPDATES: Dekel's Ayenouan Sales Up; Pittards Order Book Strong Read More