Aseana Properties Advances on Sandakan Asset Sale
Company Announcements

Aseana Properties Advances on Sandakan Asset Sale

Aseana Properties (GB:ASPL) has released an update.

Aseana Properties Limited, a Malaysian property developer listed on the London Stock Exchange, has announced that the sale of the Sandakan hotel and Harbour Mall is proceeding, despite delays in receiving a redemption statement from the Guarantor Banks for the estimated 61 million RM Redemption Sum. The sale agreement remains valid and the company promises further updates as the situation develops.

For further insights into GB:ASPL stock, check out TipRanks’ Stock Analysis page.

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