Aseana Properties Limited Result of Annual General Meeting & General Meeting (5056W)

TIDMASPL

RNS Number : 5056W

Aseana Properties Limited

18 August 2020

Aseana Properties Limited

("Aseana")

Results of Annual General Meeting and General Meeting

Aseana Properties Limited (LSE: ASPL), a property developer in Malaysia and Vietnam, listed on the Main Market of the London Stock Exchange, announces that at its Annual General Meeting and a General Meeting held today, 18 August 2020, all resolutions were duly passed.

Annual General Meeting

The votes received in respect of the resolutions proposed at the Annual General Meeting represented a total of 74.07% of the 198,691,000 ordinary shares in issue as at the date of the meeting (each ordinary share carries one vote).

The voting was as follows:

 
 Resolution                   For / Discretion   %     Against   %    Total votes   Abstained 
                               votes                    votes          cast          votes 
 1. Approval of Company's 
  Annual Audited Financial 
  Statements                       147,171,006   100         0    0   147,171,006 
                             -----------------  ----  --------  ---  ------------  ----------- 
 2. Re-elect Christopher 
  Lovell                           147,171,006   100         0    0   147,171,006 
                             -----------------  ----  --------  ---  ------------  ----------- 
 3. Elect Nick Paris               147,171,006   100         0    0   147,171,006 
                             -----------------  ----  --------  ---  ------------  ----------- 
 4. Elect Monica Lai               132,941,368   100         0    0   147,171,006   14,229,638 
                             -----------------  ----  --------  ---  ------------  ----------- 
 5. Re-appoint auditors            147,171,006   100         0    0   147,171,006 
                             -----------------  ----  --------  ---  ------------  ----------- 
 6. Authorise Directors 
  to determine auditor's 
  remuneration                     147,171,006   100         0    0   147,171,006 
                             -----------------  ----  --------  ---  ------------  ----------- 
 7. Share Buyback                  147,171,006   100         0   0-   147,171,006 
                             -----------------  ----  --------  ---  ------------  ----------- 
 8. Share Repurchase               147,171,006   100         0    0   147,171,006 
                             -----------------  ----  --------  ---  ------------  -----------

General Meeting

The votes received in respect of the resolutions proposed at the General Meeting represented a total of 87.05% of the 99,722,490 ordinary shares in issue and entitled to vote as at the date of the meeting (each ordinary share carries one vote).

The voting was as follows:

 
                             For / Discretion   %     Against   %   Total votes   Abstained 
  Resolution                  votes                    votes         cast          votes 
 1.Authorise the proposed 
  Share Buyback                    86,806,623   100         0   0    86,806,623           0 
                            -----------------  ----  --------      ------------  ---------- 
 2.Approve the Share 
  Buyback Agreements               86,806,623   100         0   0    86,806,623           0 
                            -----------------  ----  --------      ------------  ----------

Further information on the resolutions is available on the Company's website at the following links: http://www.aseanaproperties.com/documents.htm and http://www.aseanaproperties.com/voting-reports.htm respectively.

Copies of the resolutions (other than those concerning ordinary business) have been forwarded to the UK Listing Authority via the National Storage Mechanism and are available for inspection at http://www.morningstar.co.uk/uk/nsm.

For further information:

Aseana Properties Limited

Nick Paris

Tel: 020 3325 7050

nickparis@btinternet.com

Liberum Capital

Gillian Martin / Owen Matthews

Tel: 020 3100 2000

Tavistock

Jeremy Carey

Tel: 020 7920 3150

jeremy.carey@tavistock.co.uk

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.

END

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August 18, 2020 12:35 ET (16:35 GMT)

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