Aseana Properties (GB:ASPL) has released an update.
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Aseana Properties Limited has announced that the buyer of their Sandakan hotel and adjacent Harbour Mall has received the necessary Redemption Statement, and despite delays due to banking procedures, is close to securing funds to repay the outstanding debt of RM 61 million. The company assures that the buyer remains committed to completing the transaction and settling the accrued interest. Updates will be provided to shareholders as the situation progresses.
For further insights into GB:ASPL stock, check out TipRanks’ Stock Analysis page.
