3rd Oct 2018 09:54
LONDON (Alliance News) - Property developer Aseana Properties Ltd said on Wednesday it has made progress on the divestment of the company's assets.
Aseana has sold the final unit of the SENI Mont' Kiara in Kuala Lumpur, Malaysia, through an agreement signed on Wednesday last week. The property has a gross development value of USD324 million, and consists of two 12-storey blocks and two 40-storey blocks, comprising 605 residential units.
For the RuMa Hotel and residences, in Kuala Lumpur, the property has received its certificate of completion on Friday last week and the handover of the hotel suites and residences to their purchasers is in progress.
Aseana said it is continuing to strive to dispose of the other remaining assets of the company within its planned schedule.
Shares in Aseana Properties were untraded on Wednesday, last quoted at USD0.55.
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