Business
Notice of GM and Posting of Circular
Notice of GM and Posting of Circular.
About this update from Aseana Properties Limited
[{"type":"text","content":"\n \nRNS Number : 7436W Aseana Properties Limited 13 December 2019 \n\nThis announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.\n \n13 December 2019\n \nAseana Properties Limited\n(\"Aseana\" or the \"Company\")\n \nRecommended Proposals regarding the future of the Company\nPosting of Circular and Notice of General Meeting \n \n \nAseana Properties Limited (LSE: ASPL), a property developer in Malaysia and Vietnam, listed on the Main Market of the London Stock Exchange, announces that it has today posted to the Company's shareholders (\"Shareholders\") a circular (the \"Circular\") putting forward recommended Proposals regarding the future of the Company to be considered at a General Meeting.\nThe General Meeting will be held at 12 Castle Street, St. Helier, Jersey, JE2 3RT, Channel Islands on Monday, 30 December 2019 at 10.00 a.m. GMT.\nThe Circular will shortly be made available on the Company's website: http://www.aseanaproperties.com/ and submitted to the National Storage Mechanism to be made available for public inspection at http://www.morningstar.co.uk/uk/nsm. Capitalised terms used but not defined in this announcement have the meanings set out in the Circular. Further details of the recommended Proposals, extracted from the Circular, are set out below.\nFor further information:\n\n\n\nAseana Properties Limited\n\n\nTel: 020 7920 3150\n\n\n\n\n(via Tavistock)\n\n\n \n \n\n\n\n\nLiberum Capital\n\n\nTel: 020 3100 2000\n\n\n\n\nGillian Martin / Owen Matthews\n\n\n\n\n\n\n\nTavistock\n\n\nTel: 020 7920 3150\n\n\n\n\nJeremy Carey / James Verstringhe\n\n\n\n\n\n\n \nSet out below is a reproduction, without material adjustment, of the key sections of the Chairman's letter to Shareholders which are contained within the Circular:\nRECOMMENDED PROPOSALS REGARDING THE FUTURE OF THE COMPANY\n1 Introduction and background to the Proposals\nWhen the Company was launched in 2007 the Board considered it desirable that Shareholders should have an opportunity to review the future of the Company at appropriate intervals. Accordingly, at shareholder meetings held in 2015 and 2018, in accordance with the Articles, the Board put forward a resolution to Shareholders to deter...