REG - Aseana Prop Ltd - Appointments of Director and Adviser to Company

Aseana PropertiesAnnouncement

10/02/2025 07:00

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RNS Number : 4278W  Aseana Properties Limited  10 February 2025

10 February 2025

 

ASEANA PROPERTIES LIMITED

("Aseana" or the "Company")

 

Company Appointments

 

Aseana (LSE: ASPL), a property developer listed on the London Stock Exchange,
is pleased to announce an appointment to the Board and the appointment of an
adviser to the Company.

 

Appointment of Director

 

Further to the announcement made by the Company on 2 January 2025 appointing
Mr. Leong Kheng Cheong ("KC") as Chief Executive Officer of the Company, KC
has now been appointed as a director of the Board with immediate effect.

 

Appointment of Adviser

 

The Company is pleased to also announce the appointment of John William M
Beveridge as an adviser to the Company. John will play a key role in
facilitating and advising the Company on the re-opening of the Sandakan hotel,
including the evaluation of hospitality brands, overseeing its pre-opening and
driving synergies with RuMa Hotel's current operator.

 

John, a British citizen aged 69, is a seasoned hospitality professional with
over 40 years of international experience, including 34 years with Hyatt
International. His expertise spans hotel operations, food and beverage
management, and leadership in luxury properties. Throughout his career, he has
held multiple senior positions, including Area Director in Dubai and General
Manager of Park Hyatt Mallorca, General Manager of the Brunei Palace
operations and he has spearheaded notable luxury hotel openings for the Hyatt
Group.

 

Prior to Hyatt, he held culinary and operational roles across prestigious
establishments in the Middle East, Africa, the UK, and the US.

 

He was conferred the Seri Liala Jasa title by His Majesty the Sultan of
Brunei and the Dato title by His Majesty the Sultan of Pahang, Malaysia. He
was awarded the Jay Pritzker Prize for Leadership, recognising
his leadership excellence in Europe, Africa, and the Middle East.

 

Post-retirement, John continues to serve as a non-executive director with the
Ormond Hotel Group in Kuala Lumpur, Malaysia.

 

John's career reflects a legacy of operational excellence, leadership, and
dedication to the global hospitality industry.

 

The Company is extremely encouraged with John's appointment. He has a
longstanding leadership and a proven track record in delivering operational
excellence within the global hospitality arena and the Board of Aseana is
confident he will contribute immensely to the Company's turnaround journey.

 

Enquiries:

 

 Aseana Properties Limited
 Tian Huat Lim                                 thlim@aseanaplc.com

 Thong Kok Cheong                              kcthong@aseanaplc.com

 Allenby Capital Limited (Financial Adviser)   +44 (0) 20 3328 5656
 Nick Naylor / Nick Athanas / George Payne

 

 

 

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