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Aseana Properties Limited
Clarification regarding Concert Party
Business
Nov 28 2025
5 min read

Clarification regarding Concert Party

 

 

28 November 2025

 

ASEANA PROPERTIES LIMITED
("Aseana" or the "Company")

 

Clarification regarding concert party

 

Further to the Company's announcement on 26 November 2025, Aseana (LSE: ASPL), a property developer in Malaysia listed on the main market of the London Stock Exchange, confirms that the Lim Concert Party referred to in the announcement and Circular comprise solely the following entities which Lim Kian Onn is the ultimate beneficiary owner and/or settlor of:

 

Name

Number of Shares currently held

% Interest in current issued share capital

Neuchatel Investment Holdings Limited

68,190,000

28.25%

Garynma MY Capital Limited

473,541

0.20%


68,663,541

28.45%

 

Please note that the Lim Concert Party, or Mr. Lim Kian Onn and his interests stated above, is entirely separate and has no connection to LIM Advisors Limited, the LIM Asia Multi-Strategy Fund or the LIM Asia Special Situations Master Fund (another major shareholder of the Company).

 

All capitalised terms used throughout this announcement shall have the meanings given to such terms in the Definitions section of this announcement and as defined in the Circular.

 

Enquiries:  

 

Aseana Properties Limited


Leong Kheng Cheong

Lim Tian Huat

Thong Kok Cheong

kc.leong@aseanapropertieslimited.com 

tianhuat.lim@aseanapropertieslimited.com  

kokcheong.thong@aseanapropertieslimited.com



Allenby Capital Limited (Financial Adviser)

+44 (0) 20 3328 5656

Nick Naylor / Nick Athanas / Ashur Joseph