AI Terminal
AFI Properties Ltd.
Business and Financial Review • Aug 29, 2024
6624_bfr_2024-08-29_8e8954b9-36f6-47bb-bec0-9965c7126169.html
Business and Financial Review
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information 
RNS Number : 2014C
Aseana Properties Limited
29 August 2024
29 August 2024
Aseana Properties Limited
("ASEANA" or the "Company")
RuMa Residences sale update
Aseana Properties Limited (LSE: ASPL), a property developer in Malaysia, listed on the Main Market of the London Stock Exchange, announces that is has now received full payment for each of the 10 RuMa Residences (the "Units") that it announced had been sold on 29 April 2024 as well as 2 of the 12 Units that were included in the Company's announcement on 28 June 2024. The total proceeds of 19.8 million RM have been used to repay the principal debt of 15.4 million RM on those Units and to meet other debt obligations and costs associated with the Units. With respect to the other 10 RuMa Residences in the Company's announcement on 28 June, the Company has now received 1.8 million RM in deposits and completion of these sales is expected on or before 31 October 2024.
The Company has also signed sale and purchase agreements for a further 10 RuMa Residences bringing the total sold units to 32, with the latest agreements expected to complete on or before 30 November 2024.
The remaining 25 RuMa Residences are still available for sale.
For further information:
Aseana Properties Limited
Nick Paris, Non-Executive Chairman [email protected]
+44 (0)7738 470550
Grant Thornton UK LLP
Philip Secrett, Elliot Peters +44 (0)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 [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
UPDQKCBQNBKDFFB