REG - Aseana Prop Ltd - Result of General Meeting

Aseana PropertiesAnnouncement

24/02/2025 13:45

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RNS Number : 2439Y  Aseana Properties Limited  24 February 2025

24 February 2025

 

Aseana Properties Limited

(the "Company" the "Group" or "Aseana")

 

Result of General Meeting

 

 

Aseana Properties Limited (LSE: ASPL), a property developer in Malaysia listed
on the main market of the London Stock Exchange, announces the results of its
General meeting, held earlier today, 24 February 2025.

 

The votes received in respect of the Resolution proposed at the General
Meeting represented a total of 92.35% of the 159,853,498 voting rights in
Aseana as at the date of the meeting, which excludes 13,334,000 ordinary
shares in treasury.

 

The Resolution was passed with the requisite majority. The voting was as
follows:

 

 

 RESOLUTION    NO OF VOTES FOR  % OF VOTES CAST (EXCLUDING VOTES WITHELD)  NO OF VOTES AGAINST  % OF VOTES CAST (EXCLUDING VOTES WITHELD)  TOTAL VOTES CAST (EXCLUDING VOTES WITHHELD)  NO OF VOTES WITHHELD
 Resolution 1  88,563,140       59.99%                                     59,061,575           40.01%                                     147,624,715                                  Nil

 

Accordingly, following the passing of the Resolution at the General Meeting,
the Company has conditionally raised gross proceeds of approximately $5.45
million via the Subscription with Neuchatel Investment Holdings Limited, at
the Issue Price of US$0.08 per Ordinary Share, details of which were announced
on 21 January 2025.

 

The Company will make any further announcements with regards to the
Subscription at the appropriate time.

 

Unless otherwise defined, all capitalised terms used but not defined in this
announcement shall have the meaning given to them in the Circular dated 21
January 2025, a copy of which is available to view on the Company's website
at: www.aseanapropertieslimited.com (http://www.aseanapropertieslimited.com) .

 

 

Enquiries:

 

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

 Tian Huat Lim                                             thlim@aseanaplc.com (mailto:thlim@aseanaplc.com)

 Thong Kok Cheong                                          kcthong@aseanaplc.com (mailto:kcthong@aseanaplc.com)

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

 

 

 

 

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