Business
Major Interest in Shares
Major Interest in Shares.
About this update from Aseana Properties Limited
[{"type":"text","content":"\n RNS Number : 5457E Aseana Properties Limited 22 December 2009 \n \nDate: 22 December 2009\nOn behalf of: Aseana Properties Limited (\"Aseana\" or \"the Company\")\nImmediate Release\n\nAseana Properties Limited\n\n\nMajor interest in Shares\n\n\nAseana Properties Limited, a leading property developer, has recently received notification of the number of ordinary shares and percentage voting rights in the Company held by Henderson Global Investors Ltd. As a result of an acquisition of shares, Henderson Global Investors Ltd now holds 21,496,171 ordinary shares in the Company representing 10.11% of the issued voting share capital of the Company.\n\nAseana is listed on the Main List of the London Stock Exchange.\n\n-Ends-\n\nFurther information, please contact:\n\nEnquiries:\n\n\n\n\n\nAseana Properties Ltd\n\n\nTel: +603 6203 6688\n\n\n\n\nTan May Lee\n\n\nEmail: [email protected]\n\n\n\n\n\n\n\n\n\n\n\n\nRedleaf Communications\n\n\nTel: 020 7566 6700\n\n\n\n\nAdam Leviton / Kathryn Hurford\n\n\nEmail: [email protected]\n\n\n\n\n\n\n\n\n\n\n\n\nFairfax I.S. PLC\n\n\nTel: 020 7598 5368\n\n\n\n\nJames King / Gillian McCarthy\n\n\n\n\n\n\n\n\nNotes to Editors\n\n\n\nAseana Properties Limited typically invests in development projects at pre-construction stage, with a primary focus on locations within the major cities of Malaysia and Vietnam. \n\n\n\n\nInvestment 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.\n\n\n\n\nNo one underlying single asset will account for more than 30% of the gross assets of the Company at the time of investment.\n\n\n\n\nThe Directors believe the following factors should provide sustainable growth in the real estate sectors of both Malaysia and Vietnam:\n\n\n\n\nAn increasing standard of living a...