REG - Aseana Prop Ltd - Result of GM

Aseana PropertiesAnnouncement

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RNS Number : 2471L  Aseana Properties Limited  11 December 2025

11 December 2025

 

Aseana Properties Limited

(the "Company" 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 result of its
General Meeting, held earlier today, 11 December 2025. The Resolution in
respect of the Rule 9 Waiver 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 (taken on a poll)  96,489,632       64.69%                                     52,674,555           35.31%                                     149,164,187                                  Nil

 

Accordingly, following the passing of the Resolution at the General Meeting,
the Rule 9 Waiver is approved and the Company has raised gross proceeds of
approximately $3.86 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 26 November 2025.

 

The allotment and issuance of the Subscription Shares will take place within
10 business days and the Company will make a further announcement 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 26
November 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

                                             (mailto:kc.leong@aseanapropertieslimited.com)
 Lim Tian Huat

                                             tianhuat.lim@aseanapropertieslimited.com
 Dato' Dr. Thong Kok Cheong                    (mailto:tianhuat.lim@aseanapropertieslimited.com)

                                               kokcheong.thong@aseanapropertieslimited.com
                                               (mailto:kokcheong.thong@aseanapropertieslimited.com)

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

 

 

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