Business
Quarterly Investor Update & Q1 2018 Presentation
Quarterly Investor Update & Q1 2018 Presentation.
About this update from Aseana Properties Limited
[{"type":"text","content":"\n \nRNS Number : 5549T Aseana Properties Limited 04 July 2018 \n\nThe following amendments have been made to the 'Quarterly Investor Update and publication of Q1 2018 Corporate Presentation' announcement released on 4 July 2018 at 7.00am under RNS No R4918T.\n \nHighlights:\n· On 3 July 2018, the Directors announced a revised disposal schedule for the City International Hospital and the Seafront Resort and Residential Development, Kota Kinabalu from the original target of selling by Q2 2018 to Q4 2018\n \n \nAll other details remain unchanged.\n \nThe full amended text is shown below.\n \n \n \n4 July 2018\n \nAseana Properties Limited \n(\"Aseana\")\n \nQuarterly Investor Update and publication of Q1 2018 Corporate Presentation\n \n \nAseana Properties Limited (LSE: ASPL), a property developer in Malaysia and Vietnam, listed on the Main Market of the London Stock Exchange, has issued its Quarterly Investor Update for the three month period to 31 March 2018 and its Q1 2018 Corporate Presentation, a copy of which can be obtained from Aseana's website at: http://www.aseanaproperties.com/quarterly.htm and \nhttp://www.aseanaproperties.com/corporatepresentation.htm.\n \n \nHighlights:\n· SENI Mont' Kiara (\"SENI\") achieved approximately 99% sales to date. \n· The RuMa Hotel and Residences (\"The RuMa\") achieved approximately 56% sales based on sale and purchase agreements signed.\n· The Harbour Mall Sandakan (\"HMS\") is approximately 71% leased. \n· Four Points by Sheraton Sandakan Hotel (\"FPSS\") recorded an average occupancy rate of approximately 39% for the period to 31 March 2018 and 37% to date.\n· On 3 July 2018, the Directors announced a revised disposal schedule for the City International Hospital and the Seafront Resort and Residential Development, Kota Kinabalu from the original target of selling by Q2 2018 to Q4 2018\n· Malaysia's 14th General Election resulted in a milestone change of the Malaysian Federal Government, unseated the Barisan Nasional political coalition that had been in power since 1957. The surprise victory by the opposition Pakatan Harapan coalition will result in a much higher likelihood of fiscal and economic policy c...