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Aseana Properties ( (GB:ASPL) ) has shared an announcement.
Aseana Properties Limited has announced an extension to the repayment date of a 6.5 million RM credit facility provided by OSK Capital to its subsidiary Amatir Resources. The principal repayment schedule has been rescheduled with potential fees for non-compliance. Additionally, Aseana is working with KPMG to manage the Sandakan Mall receivership and is exploring an equity fundraising, although not via an open offer to shareholders as previously considered. The company has also announced changes in its board roles, with Tian Huat Lim appointed as Independent Non-Executive Chairman and Dr. Thong Kok Cheong as Non-Executive Director.
More about Aseana Properties
Aseana Properties Limited is a property developer based in Malaysia, listed on the main market of the London Stock Exchange. It focuses on real estate development, particularly in the Malaysian market.
YTD Price Performance: 8.24%
Average Trading Volume: 63,101
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $14.79M
See more data about ASPL stock on TipRanks’ Stock Analysis page.
