Asian Plantations Limited Response to Press Speculation (3219B)
03 March 2014 - 7:00PM
UK Regulatory
TIDMPALM
RNS Number : 3219B
Asian Plantations Limited
03 March 2014
3 March 2014
Asian Plantations Ltd
("Asian Plantations" or the "Company")
Response to Press Speculation
Asian Plantations Limited (LSE: PALM), a palm oil plantation
company with operations in Malaysia, notes the comments which
appeared in The Star newspaper in Malaysia on Saturday 1 March 2014
and which suggested that the Company is in discussions with FELDA
Global Ventures Holdings Bhd ("FGV") to dispose of all, or part of,
its issued share capital to FGV.
The Company confirms that it is in discussions with a number of
parties which might lead to a sale of its entire share capital,
however there can be no certainty as to the outcome of these
discussions or whether an offer will be made.
Asian Plantations is subject to the Singapore Code on Takeovers
and Mergers.
Further announcements will be made in due course.
-ENDS-
For further information, please contact:
Asian Plantations Limited
Graeme Brown, Co-Founder & Joint Chief Tel: +65 6325 0970
Executive Officer
Dennis Melka, Co-Founder & Joint Chief
Executive Officer
Strand Hanson Limited
James Harris Tel: +44 (0) 20 7409
James Spinney 3494
Macquarie Capital (Europe) Limited
Steve Baldwin Tel: +44 (0) 203
Dan Iacopetti 037 2000
Panmure Gordon (UK) Limited
Tom Nicholson Tel: +65 6824 8204
Callum Stewart Tel: +44 (0) 20 7886
2500
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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