Result of GM

Summary by AI ^BETAClose X

Aseana Properties Limited announced that its General Meeting on December 11, 2025, resulted in the passing of the Resolution for the Rule 9 Waiver, with 64.69% of votes cast in favour. This approval allows the company to proceed with a subscription that has raised approximately $3.86 million in gross proceeds at an issue price of US$0.08 per Ordinary Share. The allotment and issuance of these subscription shares are expected within ten business days.

Disclaimer*

Aseana Properties Limited

11 December 2025

Aseana Properties Limited

(the "Company" or "Aseana")

Result of General Meeting

Aseana Properties Limited (LSE: ASPL), a property developer in Malaysia listed on the main market of the London Stock Exchange, announces the result of its General Meeting, held earlier today, 11 December 2025. The Resolution in respect of the Rule 9 Waiver was passed with the requisite majority. The voting was as follows:

RESOLUTION	NO OF VOTES FOR	% OF VOTES CAST (EXCLUDING VOTES WITHELD)	NO OF VOTES AGAINST	% OF VOTES CAST (EXCLUDING VOTES WITHELD)	TOTAL VOTES CAST (EXCLUDING VOTES WITHHELD)	NO OF VOTES WITHHELD
Resolution 1 (taken on a poll)	96,489,632	64.69%	52,674,555	35.31%	149,164,187	Nil

Accordingly, following the passing of the Resolution at the General Meeting, the Rule 9 Waiver is approved and the Company has raised gross proceeds of approximately $3.86 million via the Subscription with Neuchatel Investment Holdings Limited, at the Issue Price of US$0.08 per Ordinary Share, details of which were announced on 26 November 2025.

The allotment and issuance of the Subscription Shares will take place within 10 business days and the Company will make a further announcement with regards to the Subscription at the appropriate time.

Unless otherwise defined, all capitalised terms used but not defined in this announcement shall have the meaning given to them in the Circular dated 26 November 2025, a copy of which is available to view on the Company's website at: www.aseanapropertieslimited.com.

Enquiries:

Aseana Properties Limited
Leong Kheng Cheong Lim Tian Huat Dato' Dr. Thong Kok Cheong	kc.leong@aseanapropertieslimited.com tianhuat.lim@aseanapropertieslimited.com kokcheong.thong@aseanapropertieslimited.com

Allenby Capital Limited (Financial Adviser)	+44 (0) 20 3328 5656
Nick Naylor / Nick Athanas / Ashur Joseph

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