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Volume #10 – Quarterly Investor Update (Q3 FY2009)

23 November 2009

ASEANA TRACKER
Commentary
As at 30 September 2009, the Net As- As at 30 September 2009, the Realisable
set Value (“NAV”) of Aseana Properties Net Asset Value (“RNAV”) of Aseana
Limited (“Aseana” or “the Company”) stood at US$243.63 million, compared
stood at US$206.65 million, compared to to US$228.84 million as at 30 June 2009.
As at 30 September 2009 US$215.07 million recorded on 30 June The increase in RNAV is mainly attribut-
2009. The lower NAV is mainly attribut- able to the recognition of 100% ownership
NAV/Share : US$ 0.875 able to a change in accounting policy to in the Sandakan Harbour Square project,
RNAV/Share : US$ 1.032 charge out prior and current years’ sales following the completion of the acquisition
commission and incurred marketing ex- of the remaining 40% minority interest in
penses. These expenses were previously ICSD Ventures Sdn. Bhd (Q2 2009: Asea-
capitalised as part of the development cost na owned 60% of the said project).
and deferred under IFRIC Interpretation
Key Facts 15: Agreements for the construction of
Real Estate.
Exchange : London Stock Exchange
Main Market
Performance Summary
Symbol : ASPL
Lookup : Reuters - ASPL.L Period ended 30 September 2009
Bloomberg - ASPL.LN Total assets less current liabilities (US$ M) 305.53
Net asset value (NAV) (US$ M) 206.65
1
NAV per share (US$ ) 0.88
Realisable Net Asset Value (RNAV) (US$ M) 2 243.63
Company Information RNAV per share (US$ ) 1 1.03
Domicile : Jersey Cash and bank equivalents (net of bank overdrafts) (US$ M) 49.32

Shares Issued : 236,125,000 Gearing 56.61%


Gearing (net of cash) 32.74%
Share
Denomination : US Dollars
Management Fee : 2% of NAV 1. NAV per share and RNAV per share are calculated based on 236,125,000 ordinary
shares in issue (including treasury shares).
Performance Fee : 20% of the out
performance 2. Please see Valuation Methodoloy for further information.
NAV over a total 3. NAV & RNAV contribution of each project are listed below:
return hurdle
rate of 10%
Projects Project NAV Market Value
Admission Date : 5 April 2007 as % of NAV a as % of RNAV b
Investor Reporting : Quarterly i-ZEN@Kiara I 2.5% 2.3%
Fiscal Year End : 31 December Tiffani by i-ZEN 7.4% 7.4%
Financials : Semi-annual one Mont’ Kiara by i-ZEN 11.7% 8.9%
review; Sandakan Harbour Square 12.1% 14.6%
annual audit SENI Mont’ Kiara 28.8% 29.9%
For additional information please refer to KL Sentral Office Towers & Hotel 0.7% 5.3%
www.aseanaproperties.com KK seafront resort and residences 5.1% 4.7% c
Equity Investment in Nam Long 8.2% 7.0% d
International Hi-Tech Healthcare Park 8.7% 7.3% d
Queen’s Place 0.1% 0.1% d
Registered Address a Project NAV includes a charge to cost of acquisition of US$ 15.65 million
b Please see Valuation Methodology for further information
12 Castle Street c Project currently valued at residual market value of land
St. Helier, Jersey d Projects currently valued at cost
JE2 3RT
4. NAV and RNAV do not include investments in TM Mont’ Kiara Commercial
Channel Islands
Development and Tan Thuan Dong Project (which are pending completion of
acquisition).

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Volume #10 – Quarterly Investor Update (Q3 FY2009) 23 November 2009
Property Portfolio Update
In August 2009, the Company successfully In Vietnam, the International Hi-Tech Venture Agreement is conditional upon the
completed the development of the 399 units Healthcare Park project has been progressing award of Investment License to a joint ven-
in the Tiffani by i-ZEN luxurious condomini- well with the completion of the Information ture company which will be formed between
um, in Mont’ Kiara, Kuala Lumpur. The pro- Centre (also known as “The Hub”), located at the Aseana and Nam Long, and the transfer
cess of handing over completed units to the the project site, in November 2009. The Hub of the Land Use Rights Certificate for the de-
purchasers is currently underway. is the Representative & Site Office, and also velopment land to the joint venture company.
houses the project showcase gallery. Detailed Aseana will be taking an 80 percent stake in
In October 2009, the Company completed
construction planning is currently underway the joint venture company.
the acquisition of the remaining 9.1% minori-
for the development of a 250-beds general
ty interest from Heliconia Investment Pte. Ltd.
hospital (part of a total of 500 beds in Phase Sales Update
(an investment company managed by Capi-
1). Construction works are expected to com- October 2009
taLand), which gives Aseana 100% owner-
mence in Q1 2010, subject to the receipt of
ship of the SENI Mont’ Kiara development.
the Construction Permit. Projects % Sales
CapitaLand will continue its interest in the
project as the Project Monitoring Agent and The Company has been successful in retriev- i-ZEN@Kiara I 99%
is actively involved in the marketing of SENI ing the deposit (plus interest) relating to the
Tiffani by i-ZEN 90%
Mont’ Kiara. The acquisition will be reflected Wall Street Centre project which has been on
in the NAV and RNAV computations in the hold for some time. Following continued ad- one Mont’ Kiara
next quarter’s update. ministrative delays, the Manager agreed the by i-ZEN (bz hub)
refund with the People’s Committee of Dis- Phase 1 100%
Sales of units at the ongoing developments
trict 1, Ho Chi Minh and is now in the process Phase 2 ^ 0%
have improved compared to last quarter, albeit
of exiting the joint venture agreement with a
still at a modest pace. For SENI Mont’ Kiara, Sandakan Harbour Square
view to terminate the project. Further details
sales are recorded at 64%, compared to 61% Phase 1 Retail Lots 100%
will be released in due course.
as reported in the last quarter. Sales of Phase 2
Retail Lots at the Sandakan Harbour Square On 23 November 2009, the Company an- Phase 2 Retail Lots 74%
development have also improved to 74%, as nounced that it has entered into a conditional SENI Mont’ Kiara 64%
compared to 72% in the last quarter. The proj- Joint Venture Agreement with Nam Long ^ Five floors have been released for sale
ect company in respect of the Kuala Lumpur Investment Corporation (“Nam Long”), to
Please see Snapshot of Property Portfolio
Sentral development in which Aseana owns a develop an upscale residential development (Pages 5 & 6) for further information on
40% stake, has successfully sold Tower 2 to an in Tan Thuan Dong area, District 7 of Ho existing investments.
international real estate fund. Chi Minh City. The completion of the Joint

Construction Update October 2009

Structural works are in progress Phase 3 & 4 ground structural


at Level 28 for Block A, Level 14 works are in progress.
for Block B, Level 11 for Block Substructure work at Level 2
C, Level 9 for Block D, Level LG4 of the hotel tower completed
The project completed in August 2009 and
to LG1 for car park podium and while substructure work at
is currently in the process of handing over
Plaza area. Level 3 is progressing well.
completed units to purchasers.

KL Sentral Office Towers & Hotel


Piling works completed in September 2009.
Earthworks, substructure and podium works
commenced in October 2009 and progressing
well.

Structural works for roofs of Office Suite


(bz-hub) and Office Tower completed.
Roof structure of the retail podium is in
progress. Architectural and M&E works
for both blocks are progressing well.

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Volume #10 – Quarterly Investor Update (Q3 FY2009) 23 November 2009

Malaysia Economic Update


US Dollar, 1.9% against the Pound Ster- Effective from 1 January 2010, individual
ling and 0.1% against the Euro, but it de- taxpayer benefits from the reduction of
preciated against the Japanese Yen (-1.1%). maximum individual income tax rate from
With regards to regional currencies, the 27% to 26%. In addition, individual tax-
Ringgit appreciated against the Chinese payers will enjoy additional disposable
Renminbi (2.6%), Thai Baht (1.1%) and income following the increase in personal
Philippine Peso (0.4%), but depreciated tax relief from RM8,000 to RM9,000 and
against the Indonesian Rupiah (-1.6%), increase in Employees Provident Fund
Korean Won (-1.1%), and Singapore Dol- (“EPF”) and life insurance premium de-
lar (-0.1%). ductions from RM6,000 to RM7,000.
Additionally, maximum tax rate for coop-
The Business Conditions Index (“BCI”)
eratives will be reduced to 26% (from 27%
in 3Q 2009 was recorded at 113.7 points,
previously) while the fixed tax rate for non-
up 8.4 points in Q3 2009. Meanwhile, the
resident individuals will be reduced to 26%
Consumer Sentiments Index (“CSI”) set-
(from 27% previously).
tled at 105.4 points in 3Q 2009. Positive
Tiffani by i-ZEN signs, as well as the perception of recovery, Effective from 1 January 2010, the Gov-
in both Malaysia and the global economy, ernment will re-introduce the real property
The Malaysian economy contracted by
improved market sentiment among indi- gain tax (“RPGT”) on a flat 5% rate, ap-
1.2% in Q3 2009 (Q2 2009: -3.9%). In
vidual consumers and businesses. plicable to all entities upon the disposal of
the recent 2010 Budget announcement,
properties under legal ownership regard-
the Malaysian Government has projected On the 29 October, both the FTSE Bursa
less of the holding period. The proposed
that the economy will contract by 3.0% in Malaysia KL Composite Index and over-
RPGT is expected to dampen the property
2009, an improvement from its earlier pro- all market capitalization were higher at
market in the near term.
jection of -4.0% to -5.0% in May 2009. 1,241 and RM 933.8 billion as compared
to 1,200.82 and RM 909.5 billion on 30 With the objective to promote home own-
Headline inflation in September 2009 re-
September. Improved market sentiments ership and enhance quality of life, the
mained low at -2.0% reflecting the base ef-
following renewed confidence of the global Government will launch a scheme in Janu-
fects of higher commodity and food prices
economic recovery drove the index higher. ary 2010 which enables EPF contributors
last year. The Central Bank of Malaysia
The Government plans to further enhance to utilise current and future savings from
maintained the Overnight Policy Rate
the efficiency of the stock market by liber- their secondary account for home pur-
(OPR) at 2.00% for seven consecutive
alising the stockbroker commission-sharing chases. This will enhance EPF contribu-
months (April to October 2009) in order
agreement and allow 100% foreign equity tors’ purchasing power, enabling purchases
to provide continual support to economic
participation in corporate finance and fi- of higher value properties or additional
activities over the short to medium term.
nancial planning companies (present re- houses.
From 1 September to 29 October 2009, the quirement is at least 30% local sharehold-
Ringgit appreciated by 2.6% against the ing).

Overview of Property Market in Malaysia


Offices
• Occupancy rate for offices in the Golden Triangle Area stood at 84% (85% in Q2). Overall occupancy rate in Klang Valley
City area stood at 81% (83% in Q2) due to new supplies of office space and general slowdown in market demand.
• Rental yields remained stable ranging between 6% and 8% during Q3 2009. However rental value is expected to decrease by
up to 5% on average till year end.

Retail
• Delayed retail expansions led by lower retail sales activities have caused a slowdown in leasing demand and continue to put
downward pressure on rentals.
• Overall occupancy rate of retail centres in Klang Valley decreased slightly to 84.1%. (84.4% in Q2 2009)
• Average monthly rental rates for selected retail space in Klang Valley to decrease by up to 5% q-o-q in Q3 2009.

Residential
• Market prices and rentals remain stable in Q3 2009.
• Rental and capital values in the KLCC and Mont’ Kiara locality continue to experience downward pressures in short term.
• Introduction of 5% RPGT may have short-term adverse impact on the attractiveness of residential properties in Malaysia.

Hospitality
• Slow growth of the global and local economies is expected to continue to hamper the Klang Valley’s hospitality industry.
• Overall occupancy rate of Klang Valley hotels in Q3 3009 registered a decrease from 70% to 64% year-on-year.
• Average Daily Room Rates (ADRR) hotels in Klang Valley recorded a range of -6% to +3% adjustment in Q3 2009.
• Hoteliers in Klang Valley are expected to maintain their room rates till year end while placing more efforts on resource
management and external marketing.

Source: Bank Negara Malaysia website, Jones Lang Wootton Q3 report, CBRE, various publications
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Volume #10 – Quarterly Investor Update (Q3 FY2009) 23 November 2009

Vietnam Economic Update


US$12.6 billion, a sharp decrease of 78.6%
compared to the same period in 2008. The
realised FDI in the first 9 months stood at
US$7.2 billion, down by 11.2% against
same period in 2008.

Personal income taxes for salary, wages and


individual business income, capital gains
on securities and other, dividends and in-
terest income, royalties and franchises in-
come remains tax-exempt until the end of
2009. However, effective from 26 Septem-
ber 2009, property investors would have to
pay capital gains tax on property transac-
Information center (“The Hub”), International Hi-Tech Healthcare Park tions based on 25% of gains or 2% of the
property transaction value if the transfer
The economy grew by 5.8% in Q3 2009 Export turnovers for the first 9 months of price cannot be determined fairly.
as compared to Q2 2009 (4.5%). For the 2009 were at an estimate of US$41.7 bil-
first 9 months of 2009, the economy grew lion, a decrease of 14.3% against the same Effective from 1 September 2009, more
by 4.6% against the same period in 2008 period last year. Although the volume of overseas Vietnamese (Viet Kieus) will be
of which the agriculture, forestry and fish- exported items has increased, the export eligible to buy houses and apartments. Viet
ing sector rose by 1.6%, the service sector turnovers have decreased mainly due to Kieus will be allowed to purchase more
by 5.9%, the industrial sector by 3.3% and lower global market prices. Import turn- than one house and also be allowed to sell,
the construction sector by 9.7%. overs for the first 9 months of the year fell lease and authorise others to manage their
by 25.2% against the same period last year houses while they are away. Meanwhile,
The Consumer Price Index (“CPI”) for to US$48.3 billion. Overall, the economy those currently with Vietnamese visa ex-
the first 9 months period of 2009 grew by recorded a trade deficit of US$6.5 billion. emption and permission to reside in Viet-
2.42% against the same period last year. nam for three months or more can own an
When compared to the previous month, Total foreign direct investment (“FDI”) apartment or house for family accommo-
CPI in September 2009 grew by 0.62%. for the first 9 months ended of 2009 is at dation purposes.

Overview of Property Market in Vietnam


Offices
• Kumho Asiana Plaza (Grade A Office in HCMC) was completed in September, with a GFA of 31,562 sqm and average rent
of US$50 psm. This has helped boost overall Grade A monthly asking rent to US$41.3 psm compared to US$40.8 psm in Q2
2009.
• Vacancy rate for in HCMC for Grade A offices for Q3 2009 remained at 26.3%.
• Demand for HCMC’s Grade A office space in Q3 2009 was five times that of Q2 2009, however increasing concerns of
oversupply of office space exist going forward in the short term.
Retail
• Vietnam’s retail sector has outperformed much of the rest of the world, retail sales increased 8.0% compared to previous quarter
and 18.6% when compared to the same period last year.
• Overall asking rents on HCMC’s CBD department stores and shopping centres fell by 4.4% q-on-q, to a monthly average of
US$82.9 psm. Rents decreased further in shopping centres outside the CBD.
• Overall occupancy rate in HCMC increased to 95.6% in Q3 2009 from previous 94.1% in Q2 2009.
• Retail space remained in demand, as refurbished Lucky Plaza in District 1, HCMC opened at 94.4% occupancy.
Residential
• Average prices in the secondary market of HCMC continued to rise by 1% to 3.4% in Q3 2009. Meanwhile projects close to
completed key infrastructure saw resale prices increase between of 3% to 8%.
• Demand remains strong for mid-to-high end projects in well-established areas.
• Population and long-term economic growth will continue to drive demand for housing over the long term.
Hospitality
• International visitor arrivals during the first nine months of 2009 fell by 16% against the same period last year.
• Occupancy rate of three, four and five star hotels in HCMC remained low, at 50%. Average room rates fell 6.7% q-o-q.
• Hoteliers continue to competitively lure business travellers and leisure travellers with promotional campaigns offering free nights
or spa discounts.
• Local government also launched tourism promotion campaign called “Impressive Vietnam” to attract more visitors.

Source: Bank Negara Malaysia website, CBRE HCMC Q3 Report, various publications

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Volume #10 – Quarterly Investor Update (Q3 FY2009) 23 November 2009

Snapshot of Property Portfolio

i-ZEN@Kiara I Tiffani by i-ZEN one Mont’ Kiara by i-ZEN


Kuala Lumpur, Malaysia Kuala Lumpur, Malaysia Kuala Lumpur, Malaysia
Serviced residences Luxury condominiums Office suites, office tower and retail mall
Expected GDV : US$ 39 Million Expected GDV : US$ 109 Million Expected GDV : US$ 156 Million
Effective Ownership : 100% Effective Ownership : 100% Effective Ownership : 50%
Cost of Investment : US$ 3,998,840 Cost of Investment : US$ 15,274,279 Cost of Investment : US$ 21,453,419
Market Value as at 30-09-2009 : US$ 5,526,769 Market Value as at 30-09-2009 : US$ 18,116,341 Market Value as at 30-09-2009 : US$ 21,591,808
99% sold, completed in June 2008 90% sold, completed in August 2009 Office suites (“bz-hub”) Phase 1 : 100% sold.
Phase 2 : 0%, Office tower and retail mall to be sold
on or after completion; target completion Q2 2010

SENI Mont’ Kiara 1 KL Sentral Office Towers & Hotel TM Mont’ Kiara Commercial
Kuala Lumpur, Malaysia Kuala Lumpur, Malaysia Development 2
Luxury condominiums Two office towers and a boutique business hotel Kuala Lumpur, Malaysia
Expected GDV : US$ 421 Million Expected GDV : US$ 249 Million Commercial and office towers
Effective Ownership : 64% Effective Ownership : 40% Expected GDV : US$ 32 Million
Cost of Investment : US$ 66,172,832 Cost of Investment : US$ 3,868,024 Effective Ownership : 100%
Market Value as at 30-09-2009 : US$ 72,781,710 Market Value as at 30-09-2009 : US$ 12,855,183 Cost of Investment : US$ 3,130,609 (Land cost,
64% sold, target completion Q4 2010 Tower 1 and Tower 2 sold. Hotel to be sold on or unleveraged)
after completion, target completion 2012. Market Value as at 30-09-2009 : US$ 3,755,700 3
Development plans has been submitted to the
authorities for approval in early 2008.

Sandakan Harbour Square Kota Kinabalu Seafront Resort & Residential Development
Sandakan, Sabah, Malaysia Kota Kinabalu, Sabah, Malaysia
Phase 1 retail lots; Phase 2 retail lots; Phase 3 hotel; Phase 4 retail mall Resort homes, boutique resort hotel and resort villas
Expected GDV : US$ 141 Million Expected GDV : US$ 170 Million
Effective Ownership : 100% Effective Ownership (Resort villas & hotel) : 100%
Cost of Investment : US$ 21,583,711 Effective Ownership (Resort homes) : 80%
Market Value as at 30-09-2009 : US$ 35,465,942 Cost of Investment : US$ 10,354,782 (Land cost, unleveraged)
Phase 1: 100%, Phase 2: 74% sold, Phase 3 & 4: to be sold on or after Market Value as at 30-09-2009 : US$ 11,553,508 3
completion; target completion Q4 2010 Submitted master development plans for approval in April 2009

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Volume #10 – Quarterly Investor Update (Q3 FY2009) 23 November 2009

Snapshot of Property Portfolio

Queen’s Place International Hi-Tech Healthcare Park


District 4, Ho Chi Minh City, Vietnam Binh Tan District, Ho Chi Minh City, Vietnam
Residential, hotel & serviced apartments Commercial and residential development with healthcare theme
and retail mall Expected GDV : US$ 770 Million
Expected GDV : US$ 195 Million Effective Ownership : 51%
Effective Ownership : 65% Cost of Investment : US$ 27,601,000
Cost of Investment : US$ 11,283,460 Market Value as at 30-06-2009 : N/A
Market Value as at 30-09-2009 : N/A Obtained Investment Licence and Land Use Right Certificates for 69 years, detailed planning underway
Investment License obtained and resettlement
planning underway

Wall Street Centre Equity Investment in Nam Long Tan Thuan Duong Project 2
District 1, Ho Chi Minh City, Vietnam Corporation District 7, Ho Chi Minh City, Vietnam
Office towers Ho Chi Minh City, Vietnam Residences and commercial
Expected GDV : US$ 131 Million Private equity investment Expected GDV : US$120 million
Effective Ownership : 65% Effective Ownership : 17.24% Effective Ownership: 80%
Cost of Investment : Nil Cost of Investment : US$ 17,223,621 Cost of investment : US$ 9.6 Million
Market Value as at 30-09-2009 : N/A Share subscription was completed in January 2009 Market value as at 30/09/2009 : N/A
Signed JVA, Approval-in-principle obtained by Signed JVA
People’s Committee of District 1, Ho Chi Minh City
and Deposit paid, Investment License application
submitted

Market value of each project is based on valuation prepared by Horwath for 30 June 2009 and translated at its respective exchange rate on 30 September 2009.
Please refer to the section on Valuation Methodology for basis of market valuation.

1 Aseana has completed the acquisition to purchase the remaining 9.1% minority stake in the SENI Mont’ Kiara project on 12 October 2009, which would be reflected in the NAV and RNAV
computations in the next quarter’s update.
2 These investments are pending completion of acquisition and are therefore not included in the NAV and RNAV calculations.
3 Relates to effective interest of Aseana based on residual market value of land.
N/A : Not applicable
Exchange rate – 30 June 2009: US$1: RM 3.5225; 30 September 2009: US$ : RM 3.4614 (Source: Bank Negara Malaysia)

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Volume #10 – Quarterly Investor Update (Q3 FY2009) 23 November 2009

Share Performance
Aseana Properties Limited (ASPL:LN) Price Chart
Share Price (US $)

52 weeks high of US$ 0.410


52 weeks low of US$ 0.105
Current as at 20/11/2009 of US$ 0.3975

Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09

Aseana Properties Limited (ASPL:LN) Volume Chart


≥7
Volume (US $ millions)

1
0
Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09

Note: Transaction volume > 10 million: (i) 6 Feb: 11.9 million, (ii) 22 Apr: 48.1 million, (iii) 1 June: 26.5 million,(iv) 19 June: 10.1 million, (v) 16 July 24.8 million.

Valuation Methodology
The Company will appoint one or more internationally recognised firms of surveyors as property valuers. It is the intention that the Company’s property portfolio will be independently
valued on a semi-annual basis. Where applicable and permitted under the International Financial Reporting Standards, the Directors of the Company may choose to adopt and
incorporate the valuation into the computation of the Company’s Net Asset Value.
The Realisable Net Asset Value of the Company as at 30 September 2009 has been computed by the Company based on the Company’s management accounts for the year ended 30
June 2009 and the Market Values of the property portfolio. The Market Value of the property portfolio is determined on a discounted cash flow basis by Horwath, an independent firm
of valuers. The Market Values, excluded any taxes; whether corporate, personal, real property or otherwise, that is payable. In arriving at the Market Value of the projects, Horwath has
assumed that the development costs are substantially financed by bank borrowings based on the terms negotiated between the financial institutions and the respective companies that are
undertaking the development projects. The valuations performed by Horwath have been performed in accordance with International Valuation Standards (“IVS”) promulgated by the
International Valuation Standards Committee.

Important Notice
This document, and the material contained therein, is not intended as an offer or solicitation for the subscription, purchase or sale of securities in Aseana Properties Limited (the
“Company”). Any investment in the Company must be based solely on the Listing Prospectus of the Company or other offering document issued from time to time by the Company, in
accordance with applicable laws.
The material in this document is not intended to provide, and should not be relied on for accounting, legal or tax advice or investment recommendations. Potential investors are advised
to independently review and/or obtain independent professional advice and draw their own conclusions regarding the economic benefit and risks of investment in the Company and legal,
regulatory, credit, tax and accounting aspects in relation to their particular circumstances.
No undertaking, representation, warranty or other assurance, express or implied, is given by or on behalf of either of the Company or Ireka Development Management Sdn. Bhd. or any
of their respective directors, officers, partners, employees, agents or advisers or any other person as to the accuracy or completeness of the information or opinions contained in this document
and no responsibility or liability is accepted by any of them for any such information or opinions or for any errors, omissions, misstatements, negligence or otherwise.
No warranty is given, in whole or in part, regarding the performance of the Company. There is no guarantee that investment objectives of the Company will be achieved. Potential
investors should be aware that past performance may not necessarily be repeated in the future. The price of shares and the income from them may fluctuate upwards or downwards and
cannot be guaranteed.
This document is intended for the use of the addressee and recipient only and should not be relied upon by any persons and may not be reproduced, redistributed, passed on or published, in whole or
in part, for any purposes, without the prior written consent of Aseana Properties Limited.

Advisors & Service Providers Contact Information


Development Ireka Development Company Aseana Properties Limited Malaysia G-1 Kiara II
Manager Management Sdn Bhd Website www.aseanaproperties.com Office No. 1 Jalan Kiara
Mont’ Kiara
Financial Fairfax I.S. PLC Senior VP, Comms & Ms. Tan May Lee 50480 Kuala Lumpur
Advisor Investor Relations maylee.tan@ireka.com.my Malaysia
Reporting Mazars LLC Development Ireka Development Tel : +603 6203 6688
Accountants, Manager Management Sdn Bhd
Auditor, Tax Vietnam Suite 703, Floor 7
Website www.ireka.com.my Office
Adviser Fideco Tower
Chief Executive Mr. Lai Voon Hon No. 81-85, Ham Nghi St
Company Capita Secretaries Officer voonhon.lai@ireka.com.my District 1
Secretary Limited Ho Chi Minh City
Chief Financial Ms. Monica Lai Vietnam
Officer monica.lai@ireka.com.my Tel : +848 3914 9988

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