AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

AFI Properties Ltd.

Regulatory Filings Jun 28, 2024

6624_rns_2024-06-28_b35b4f19-a507-4285-b3dc-34f792562b94.html

Regulatory Filings

Open in Viewer

Opens in native device viewer

National Storage Mechanism | Additional information

RNS Number : 4500U

Aseana Properties Limited

28 June 2024

28 June 2024

Aseana Properties Limited

("ASEANA" or the "Company")

RuMa Residences asset sale update

Aseana Properties Limited (LSE: ASPL), a property developer in Malaysia listed on the Main Market of the London Stock Exchange, announces that it has sold a further 10 units of the unsold RuMa Residences units (the "Units") for 17.9 million RM. Principal debt on these Units of 8.6 million RM will be paid off when the proceeds are received which is expected to occur 90 days from the date of the signing of the Sale and Purchase Agreements ("SPA"). A deposit of approximately 1.8 million RM representing 10% of the purchase price has been received.

The sale of a further 2 units are in progress with value of 4.3 million RM, as we are awaiting to receive the signed SPA's from the buyers.

We continue to work to sell the remaining 35 RuMa Residential units.

For further information:

Aseana Properties Limited

Nick Paris, Non-Executive Chairman    [email protected]

+44 (0)7738 470550

Grant Thornton UK LLP

Philip Secrett                                            +44 (0)207 383 5100

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 which is part of UK law by virtue of the European Union (withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

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 [email protected] 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

DISPPUWGQUPCGQR

Talk to a Data Expert

Have a question? We'll get back to you promptly.