Business
Posting of Circular: Tender Offer & Notice of EGM
Posting of Circular: Tender Offer & Notice of EGM.
About this update from Aseana Properties Limited
[{"type":"text","content":"\n \nRNS Number : 7089R Aseana Properties Limited 13 December 2016 \n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, INTO ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION\n \n \n13 December 2016\nAseana Properties Limited \n(\"Aseana\" or the \"Company\")\n \n \nPosting of Circular Re: Tender Offer for up to 13,334,000 shares and Notice of Extraordinary 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 a circular (the \"Circular\") to its shareholders containing full details of the Tender Offer, referred to in its announcement on 8 December 2016, and a notice of Extraordinary General Meeting convened for 9.30 a.m. on 4 January 2017. \nOn 8 December 2016, Aseana announced that the Company proposed to return US$10,000,500 to shareholders by way of a tender offer for up to 13,334,000 shares at a tender price equivalent to the net asset value per share of the Company, as at 30 September 2016, of US$0.75 per share. The Company proposes to hold all repurchased shares in treasury. \nCopies of the Circular, tender offer form and form of proxy will be submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM. In addition, the documents will be available on the Aseana website (www.aseanaproperties.com) and may also be obtained from the Company Secretary.\nThe full text of the Circular is set out below.\nFor further information:\n \n\n\n\n\nAseana Properties Limited\n\n\nTel: +603 6411 6388\n\n\n\n\nChan Chee Kian\n\n\nEmail: [email protected]\n\n\n\n\n\n\n\n \n\n\n\n\nN+1 Singer \n\n\nTel: 020 7496 3000\n\n\n\n\nJames Maxwell / Liz Yong (Corporate Finance) \nSam Greatrex (Sales)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTavistock \n\n\nTel: 020 7920 3150\n\n\n\n\nJeremy Carey / James Verstringhe\n\n\nEmail: [email protected]\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n \nEXPECTED TIMETABLE OF EVENTS\n\n\n\n\n\n\n\n2016\n\n\n\n\nCircular posted to Shareholders\n\n\n13 December\n\n\n\n\nTender Offer opens\n\n\n14 December\n\n\n\n\nLatest time and date for receipt of Forms of Prox...