REG - Aseana Prop Ltd - Half Yearly Report <Origin Href="QuoteRef">ASPL.L</Origin> - Part 3

Aseana PropertiesAnnouncement

28/08/2015 07:01

- Part 3: For the preceding part double click  ID:nRSb3768Xb 

 -                                      
 Amount due to an ICB subsidiary for marketing commissions                            -                                    725                                  34                                     
 Amount due to ICB subsidiary for reimbursement of project staff costs                29                                   55                                   60                                     
 Amount due to an ICB subsidiary for rental expenses                                  3                                    -                                    2                                      
 Amount due to an ICB subsidiary for secretarial and administrative services fee      -                                    27                                   -                                      
 
 
                                          Unaudited       Unaudited       Audited             
                                          As at  30 June  As at  30 June  As at  31 December  
                                          2015            2014            2014                
                                          US$'000         US$'000         US$'000             
 Non-controlling interests                                                                    
 Advances - non-interest bearing          (11,645)        (10,672)        (11,342)            
 Associate - Excellent Bonanza Sdn. Bhd.                                                      
 Advances - non-interest bearing          -               943             -                   
 
 
Transactions between the parent company and its subsidiaries are eliminated in
these consolidated financial statements. 
 
12  Dividends 
 
The Company has not paid or declared any dividends during the financial period
ended 30 June 2015. 
 
13  Events after the Statement of Financial Position Date 
 
On 27 August 2015, Aseana held an Extraordinary General Meeting ("August
EGM"), at which shareholders approved amendments to the memorandum and
articles of association of the Company and its share capital structure to
facilitate a return of capital to shareholders. 
 
14  Interim Statement 
 
Copies of this interim statement are available on the Company's website
www.aseanaproperties.com or from the Company's registered office at 12 Castle
Street, St. Helier, Jersey, JE2 3RT, Channel Islands. 
 
Principal Risks and Uncertainties 
 
The Board has overall responsibility for risk management and internal control.
The following have been identified previously as the areas of principal risk
and uncertainty facing the Company, and they remain relevant in the second
half of the year. 
 
·    Economic 
 
·    Strategic 
 
·    Regulatory 
 
·    Law and regulations 
 
·    Tax regimes 
 
·    Management and control 
 
·    Operational 
 
·    Financial 
 
·    Going concern 
 
For greater detail, please refer to page 18 of the Company's Annual Report for
2014, a copy of which is available on the Company's website
www.aseanaproperties.com. 
 
RESPONSIBILITY STATEMENT 
 
The Directors of the Company confirm that to the best of their knowledge
that: 
 
a)   The condensed consolidated financial statements have been prepared in
accordance with IAS 34 (Interim Financial Reporting); 
 
b)   The interim management report includes a fair review of the information
required by DTR 4.2.7R (indication of important events during the first six
months and description of principal risks and uncertainties for the remaining
six months of the year); and 
 
c)   The interim management report includes a fair review of the information
required by DTR 4.2.8R (disclosure of related party transactions and changes
therein). 
 
On behalf of the Board 
 
 Mohammed Azlan Hashim  Christopher Henry Lovell  
 Director               Director                  
 27 August 2015                                   
 
 
This information is provided by RNS
The company news service from the London Stock Exchange