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REG - Aseana Prop Ltd - Clarification regarding Concert Party

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RNS Number : 4999J  Aseana Properties Limited  28 November 2025

 

 

28 November 2025

 

ASEANA PROPERTIES LIMITED

("Aseana" or the "Company")

 

Clarification regarding concert party

 

Further to the Company's announcement on 26 November 2025, Aseana (LSE: ASPL),
a property developer in Malaysia listed on the main market of the London Stock
Exchange, confirms that the Lim Concert Party referred to in the announcement
and Circular comprise solely the following entities which Lim Kian Onn is the
ultimate beneficiary owner and/or settlor of:

 

 Name                                   Number of Shares currently held  % Interest in current issued share capital
 Neuchatel Investment Holdings Limited  68,190,000                       28.25%
 Garynma MY Capital Limited             473,541                          0.20%
                                        68,663,541                       28.45%

 

Please note that the Lim Concert Party, or Mr. Lim Kian Onn and his interests
stated above, is entirely separate and has no connection to LIM Advisors
Limited, the LIM Asia Multi-Strategy Fund or the LIM Asia Special Situations
Master Fund (another major shareholder of the Company).

 

All capitalised terms used throughout this announcement shall have the
meanings given to such terms in the Definitions section of this announcement
and as defined in the Circular.

 

Enquiries:

 

 Aseana Properties Limited
 Leong Kheng Cheong                            kc.leong@aseanapropertieslimited.com

 Lim Tian Huat                                 tianhuat.lim@aseanapropertieslimited.com

 Thong Kok Cheong                              kokcheong.thong@aseanapropertieslimited.com

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

 

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