Clarification regarding Concert Party

Aseana Properties Limited

28 November 2025

 

28 November 2025

ASEANA PROPERTIES LIMITED
("Aseana" or the "Company")

Clarification regarding concert party

Further to the Company's announcement on 26 November 2025, Aseana (LSE: ASPL), a property developer in Malaysia listed on the main market of the London Stock Exchange, confirms that the Lim Concert Party referred to in the announcement and Circular comprise solely the following entities which Lim Kian Onn is the ultimate beneficiary owner and/or settlor of:

Name	Number of Shares currently held	% Interest in current issued share capital
Neuchatel Investment Holdings Limited	68,190,000	28.25%
Garynma MY Capital Limited	473,541	0.20%
	68,663,541	28.45%

Please note that the Lim Concert Party, or Mr. Lim Kian Onn and his interests stated above, is entirely separate and has no connection to LIM Advisors Limited, the LIM Asia Multi-Strategy Fund or the LIM Asia Special Situations Master Fund (another major shareholder of the Company).

All capitalised terms used throughout this announcement shall have the meanings given to such terms in the Definitions section of this announcement and as defined in the Circular.

Enquiries:  

Aseana Properties Limited
Leong Kheng Cheong Lim Tian Huat Thong Kok Cheong	[e-mail]  [e-mail]   [e-mail]
Allenby Capital Limited (Financial Adviser)	[phone]
Nick Naylor / Nick Athanas / Ashur Joseph

 

END