2010 Annual Report - Replacement

RNS Number : 3977F

Aseana Properties Limited

21 April 2011

 



The following amendment has been made to RNS 3933F. Annual Report and Accounts have not yet been posted to shareholders.

21 April 2011

Aseana Properties Limited

("Aseana" or "the Company")

2010 Annual Report

Aseana Properties Limited (LSE: ASPL), a property developer in Malaysia and Vietnam listed on the Main Market of the London Stock Exchange, announces that its 2010 Annual Report can now be obtained on its website at the following link http://www.aseanaproperties.com/annual_reports.htm. The document has also been submitted to the National Storage Mechanism and will shortly be available for public inspection at www.Hemscott.com/nsm.do.

For further information:

Aseana Properties Limited	Tel: [phone]
Tan May Lee	Email: [e-mail]
Panmure Gordon (UK) Limited	Tel: [phone]
Richard Gray / Andrew Potts / Brett Jacobs	Email: [e-mail]
Tavistock Communications	Tel: [phone]
Jeremy Carey / James Verstringhe	Email: [e-mail]

Notes to Editors:

London-listed Aseana Properties Limited (LSE: ASPL) 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 Sdn Bhd ("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.

 

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