London-listed Aseana Properties Ltd (Aseana Properties) is disposing of the Aloft Kuala Lumpur Sentral Hotel for RM418.7mil or about US$104.6mil. The deal works out to about RM870,000 a room for the 482-room hotel.
Following the disposal, Aseana will do a capital distribution of about US$10mil to shareholders.
In a statement to the Main Market of the London Stock Exchange, Aseana Properties said the buyer was Malaysia-based plantation group Prosper Group Holdings Ltd. Property developer Aseana is a 23.07% associate company of Bursa-listed Ireka Corp Bhd.
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Following the disposal, Aseana will do a capital distribution of about US$10mil to shareholders.
In a statement to the Main Market of the London Stock Exchange, Aseana Properties said the buyer was Malaysia-based plantation group Prosper Group Holdings Ltd. Property developer Aseana is a 23.07% associate company of Bursa-listed Ireka Corp Bhd.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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