TIDMPALM

RNS Number : 5445U

Asian Plantations Limited

23 December 2011

23 December 2011

Asian Plantations Limited

("APL" or the "Company")

Appointment of Joint Broker

Asian Plantations Limited (LSE: PALM), a palm oil plantation company with operations in Malaysia, is pleased to announce that is has appointed Macquarie Capital (Europe) Limited as Joint Broker to the Company with immediate effect.

About Asian Plantations:

Asian Plantations Limited is a Palm Oil plantation company, incorporated in Singapore with 100% owned Malaysian subsidiaries that are involved in the acquisition and development of palm oil plantation land across Sarawak, Malaysia.

The Company's business strategy is to acquire under-priced, properly zoned agricultural land in Malaysia which can be developed into high-quality, mature palm oil estates.

The Company currently owns four estates totalling approximately 20,645 hectares

About Macquarie:

Founded in 1969 and employing more than 15,000 people worldwide in over 70 offices, Macquarie is a global provider of banking, financial, advisory, investment and funds management services acting on behalf of institutional, corporate and retail clients. Macquarie's EMEA operations, headquartered in London, employ more than 1,500 people in 18 offices across the region.

Macquarie Capital's offering in EMEA includes advisory, capital markets, underwriting and wholesale structuring capabilities.

For further information contact:

 
 Asian Plantations Limited 
  Graeme Brown, Joint Chief Executive    Tel: +65 6325 0970 
  Officer 
  Dennis Melka, Joint Chief Executive 
  Officer 
 Strand Hanson Limited 
  James Harris                           Tel: +44 (0) 20 7409 3494 
  Paul Cocker 
  Liam Buswell 
 Panmure Gordon (UK) Limited 
  Tom Nicholson                          Tel: +65 6824 8204 
  Callum Stewart                         Tel: +44 (0) 20 7459 3600 
 Macquarie Capital (Europe) Limited 
  Steve Baldwin                          Tel: +44 (0) 20 3037 2000 
  Dan Iacopetti 
 Bankside Consultants 
  Simon Rothschild                       Tel: +44 (0) 20 7367 8871

This information is provided by RNS

The company news service from the London Stock Exchange

END

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