Director/PDMR Shareholding

RNS Number : 8030L
Aseana Properties Limited
07 September 2012
 



7 September 2012

 

Aseana Properties Limited

("Aseana" or "the Company")

 

Director Shareholding

 

The Company has received notification that Gerald Ong Chong Keng, Non-Executive Director of Aseana Properties Limited, acquired 500,000 ordinary shares in the Company on 6 September 2012 at a price of US$0.3975 per share.

 

Following this acquisition, Gerald Ong Chong Keng holds a beneficial interest in 1,500,000 ordinary shares, representing approximately 0.71% of the issued share capital of the Company of 212,025,000 ordinary shares (excluding 500,000 shares held in treasury).

 

-Ends-

 

For further information:

 

 

Aseana Properties Limited

Tel: +603 6411 6388

Chan Chee Kian

 

Email: cheekian.chan@ireka.com.my

Murphy Richards Capital LLP

Tel: 020 3214 9934

Paul Richards / Rachel Rees

Email: paul@murphy-richards.com


 


Singer Capital Markets Limited

Tel: 020 3205 7500

James Maxwell / Sam Greatrex




Tavistock Communications

Tel: 020 7290 3150

Jeremy Carey / James Verstringhe

Email: jcarey@tavistock.co.uk

 

 

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.

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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