AFI Properties Ltd.

Board/Management Information • Mar 3, 2023

National Storage Mechanism | Additional information

RNS Number : 7409R

Aseana Properties Limited

03 March 2023

Aseana Properties Limited

("Aseana" or the "Company")

Appointment of a new independent Director based in Malaysia

03 March  2023

Aseana Properties (LSE:ASPL), a property developer in Malaysia which is listed on the Main Market of the London Stock Exchange, announces that the Directors have appointed Mr Hock Chye Tan, who is based in Malaysia, as a new independent Director with immediate effect.  He has also been elected to join the Audit Committee of the Company.

Mr Tan is a Chartered Global Management Accountant (CGMA) of the Association of International Certified Professional Accountants, a Fellow Member (FCMA) of the Chartered Institute of Management Accountants and a Chartered Accountant (CA(M)) with the Malaysian Institute of Accountants. He obtained an MBA from Oklahoma City University and has attended a Harvard Premier Management Program. He also holds a Diploma in Commerce from TAR University College.

He has worked in Papua New Guinea, Singapore and Malaysia in both private and public companies and held senior management and Board positions.  Currently, he is the CFO of SEATech Ventures Corp., a start-up company listed on the US OTC Pink Market.  He is also the National Assistant Treasurer of SME Association of Malaysia and Treasurer of the Malaysia Cross Border E-Commerce Association.

For further information:

Aseana

Nick Paris, Non-Executive Chairman                      nickparis@btinternet.com

+44 7738 470550

Grant Thornton UK LLP

Philip Secrett/George Grainger                              +44 207 383 5100

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

BOABCGDXLDGDGXD