Aseana Properties Limited Temporary Suspension of Listing (5683R)

TIDMASPL

RNS Number : 5683R

Aseana Properties Limited

30 June 2020

Aseana Properties Limited

("Aseana" or the "Company")

Temporary Suspension of Listing

Aseana Properties Limited (LSE: ASPL LN), a property developer in both Malaysia and Vietnam which is listed on the Main Market of the London Stock Exchange, announces that the Company is not in a position to publish its annual audited accounts for the year ended 31 December 2019 by close of business on 30 June 2020 as previously announced. The finalisation of the Annual Report and completion of the audit have been delayed primarily due to the impact of the global COVID-19 pandemic which led to the movement restrictions in Malaysia and Vietnam which have been in place since March 2020. These restrictions have continued to hamper the completion of the Annual Report. However, it is presently anticipated by the Directors, having consulted with the Company's auditors, that the audited financial results should be published by no later than 20 July 2020. This delay will mean that the Company's Shares will be suspended from trading on the London Stock Exchange from 1 July 2020 until such time as the financial results are published.

Accordingly, the Board has requested that the Company's ordinary shares be temporarily suspended from the Official List and from trading on the London Stock Exchange with effect from 1 July 2020, pending publication of the audited accounts, following which the Company will request the suspension be lifted.

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (2014/596/EU).

For further information:

 
 Aseana Properties Limited          Tel: 020 7920 3150 
 (via Tavistock) 
 Liberum Capital                    Tel: 020 3100 2000 
 Gillian Martin / Owen Matthews 
 Tavistock                          Tel: 020 7920 3150 
 Jeremy Carey / James Verstringhe

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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June 30, 2020 11:30 ET (15:30 GMT)

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