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Aseana Properties Secures $5.45 Million in New Funding

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Aseana Properties Secures $5.45 Million in New Funding

An announcement from Aseana Properties ( (GB:ASPL) ) is now available.

Aseana Properties Limited announced the successful passing of a resolution at its General Meeting, with 92.35% of voting rights represented. The resolution allows the company to conditionally raise approximately $5.45 million through a subscription with Neuchatel Investment Holdings Limited, at an issue price of $0.08 per ordinary share. This financial move is expected to impact the company’s operations by providing additional capital for its projects, potentially strengthening its position in the property development industry.

More about Aseana Properties

Aseana Properties Limited is a property developer based in Malaysia and is listed on the main market of the London Stock Exchange. The company focuses on real estate development projects, catering to various market demands within the property sector.

YTD Price Performance: -18.48%

Average Trading Volume: 14,250

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $11.99M

See more data about ASPL stock on TipRanks’ Stock Analysis page.

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