Aseana Properties (GB:ASPL) has released an update.
Aseana Properties Limited has announced the ongoing sale of their Sandakan hotel asset and adjacent Harbour Mall, with an expected redemption sum of 61 million RM to be paid to Guarantor Banks. The process is currently delayed as the purchaser awaits the redemption statement to confirm the exact amount needed. Despite the holdup, the sale agreement remains valid and the company promises to keep stakeholders updated on the situation.
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