Business
Notice of AGM and publication
Notice of AGM and publication.
About this update from Aseana Properties Limited
[{"type":"text","content":"\n RNS Number : 6865K Aseana Properties Limited 23 April 2010 \n \n\n23 April 2010\n \nAseana Properties Limited\n(\"Aseana Properties\")\n2009 Annual Report and Notice of AGM\n \nThe Board of Aseana Properties Limited (LSE: ASPL), a property developer in Malaysia and Vietnam,\nannounces that its Annual Report for 2009 can now be obtained on its website at the following link: http://www.aseanaproperties.com/annual_reports.htm\nAseana Properties also announces that it will convene its Annual General Meeting (\"AGM\") at 12 Castle Street, St Helier, Jersey, Channel Islands, JE2 3RT on Wednesday, 19 May 2010 at 9.00 a.m. \nThe Annual Report and the Notice of the AGM will be posted to shareholders by mail on 30 April 2010. The Notice is now available on its website at the following link http://www.aseanaproperties.com/documents.htm\n \n \nFor further information:\n \n\n\n\n\nAseana Properties Limited\n\n\nTel: +603 6203 6688\n\n\n\n\nTan May Lee\n\n\nEmail: [email protected]\n\n\n\n\nTavistock Communications\n\n\nTel: 020 7920 3150\n\n\n\n\nJeremy Carey / Simon Hudson / Gemma Bradley\n\n\nEmail: [email protected]\n\n\n\n\nFairfax I.S. PLC\n\n\nTel: 020 7598 5368\n\n\n\n\nJames King\n\n\n\n\n\n\n\n \n \nNotes to Editors:\n \nLondon-listed Aseana Properties Limited (LSE: ASPL) (\"Aseana\" or \"the Company\"), is a property developer in Malaysia and Vietnam.\n \nAseana 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.\n \nIreka 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.\n \nFundamentals of Malaysia and Vietnam remain strong for future growth, especially with indications pointing to strong growth in emerging markets this year. In particular, the real estate sec...