Appointment of Joint Broker

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 Officer Dennis Melka, Joint Chief Executive Officer	Tel:  [phone]
Strand Hanson Limited James Harris Paul Cocker Liam Buswell	Tel: [phone]
Panmure Gordon (UK) Limited Tom Nicholson Callum Stewart	Tel:   [phone] Tel: [phone]
Macquarie Capital (Europe) Limited Steve Baldwin Dan Iacopetti	Tel: [phone]
Bankside Consultants Simon Rothschild	Tel: [phone]

 

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