2 February 2010
Asian Plantations Limited
("APL" or the "Company")
Holdings in Company
Asian Plantations Limited (LSE: PALM), a palm oil plantation company with operations in Malaysia, today received notification that Steadfast Financial L.P. ("Steadfast") acquired an additional 800,000 ordinary shares of no par value in the Company ("Ordinary Shares"), representing approximately 2.70 per cent. of the Company's issued Ordinary Share capital.
Steadfast, through its investment funds, collectively now holds 4,800,000 Ordinary Shares, representing 16.23 per cent. of the Company's issued Ordinary Share capital.
For further information contact:
Asian Plantations Limited Dennis Melka, Joint Chief Executive Officer Graeme Brown, Joint Chief Executive Officer
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Tel: +65 9878 4171 Tel: +60 19 8560221 |
Strand Hanson Limited James Harris Paul Cocker
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Tel: +44 (0)20 7409 3494 |
Mirabaud Securities LLP Rory Scott
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Tel: +44 (0)20 7878 3360 |
Bankside Consultants Simon Rothschild Oliver Winters
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Tel: +44 (0)20 7367 8871 Tel: +44 (0)20 7367 8874 |