3rd Nov 2011 11:45
3 November 2011
Aseana Properties Limited
("Aseana" or "the Company")
Notification of Interim Management Statement
Aseana Properties Limited (LSE: ASPL), a property developer investing in Malaysia and Vietnam listed on the Main Market of the London Stock Exchange, will announce its Interim Management Statement for the period from 1 July to 14 November 2011 on Tuesday 15 November 2011.
For further information:
Aseana Properties Limited | Tel: +603 6411 6388 |
Tan May Lee | Email: [email protected] |
Panmure Gordon (UK) Limited | Tel: 020 7459 3600 |
Richard Gray / Andrew Potts / Brett Jacobs | Email: [email protected] |
Tavistock Communications | Tel: 020 7920 3150 |
Jeremy Carey / James Verstringhe | Email: [email protected] |
Notes to Editors:
London-listed Aseana Properties Limited (LSE: ASPL) ("Aseana"), is a property developer investing in Malaysia and Vietnam.
Aseana typically invests in development projects at pre-construction stage. Investment is made in projects where it is believed there will be a minimum 30% annualised return on equity ("ROE") on investments in Vietnam and a minimum 20% ROE on investments in Malaysia.
Ireka Development Management SdnBhd ("IDM") is the exclusive Development Manager for Aseana. It is a wholly-owned subsidiary of Ireka Corporation Berhad, a company listed on the Bursa Malaysia since 1993, which has over 40 years experience in construction and property development. IDM is responsible for the day-to-day management of Aseana's property portfolio and the introduction and facilitation of new investment opportunities.
Related Shares:
Aseana Prop.