TIDMASPL

RNS Number : 4623K

Aseana Properties Limited

01 September 2021

1 September 2021

Aseana Properties Limited

("Aseana")

Result of Annual 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 held today, 1 September 2021, 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 82 per cent. 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                163,491,766    100%           0%      0%   163,491,766            0 
                      -----------------  ------  -----------  ------  ------------  ----------- 
 2. Re-elect 
  Nicholas Paris             83,773,101   94.8%    4,578,535    5.2%    88,351,636   75,140,130 
                      -----------------  ------  -----------  ------  ------------  ----------- 
 3. Re-elect 
  Helen Wong                163,491,766    100%            0      0%   163,491,766            0 
                      -----------------  ------  -----------  ------  ------------  ----------- 
 4. Elect Thomas 
  Holland                   163,491,766    100%            0      0%   163,491,766            0 
                      -----------------  ------  -----------  ------  ------------  ----------- 
 5. Re-appoint 
  PKF as auditors           163,491,766    100%            0      0%   163,491,766            0 
                      -----------------  ------  -----------  ------  ------------  ----------- 
 6. Authorise 
  Directors 
  to determine 
  the auditor's 
  remuneration              163,491,766    100%            0      0%   163,491,766            0 
                      -----------------  ------  -----------  ------  ------------  ----------- 
 7. Authorise 
  Share Buybacks            126,837,574   77.6%   36,654,192   22.4%   163,491,766            0 
                      -----------------  ------  -----------  ------  ------------  ----------- 
 8. Authorise 
  Share Repurchases         126,837,574   77.6%   36,654,192   22.4%   163,491,766            0 
                      -----------------  ------  -----------  ------  ------------  -----------

Director's statement:

The Directors note that more than twenty per cent. of votes cast on resolutions 7 and 8 were against the resolutions. Accordingly the Directors will engage with the shareholders who cast those votes, in order to establish the reasons behind their voting positions.

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 Financial Conduct Authority via the National Storage Mechanism and are available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

For further information:

 
 Aseana Properties Limited        Tel: 020 3325 7050 
  Nick Paris 
                                  nickparis@btinternet.com 
 Liberum Capital                  Tel: 020 3100 2000 
 Darren Vickers / Owen Matthews

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END

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(END) Dow Jones Newswires

September 01, 2021 13:20 ET (17:20 GMT)

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