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Aseana Properties Regains Control Over Key Assets

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Aseana Properties Regains Control Over Key Assets

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Aseana Properties ( (GB:ASPL) ) has provided an announcement.

Aseana Properties Limited has successfully regained control over its assets and operations, specifically the Sandakan Hotel asset and Sandakan Harbour Mall, following the discharge of the Receivers & Managers appointed to ICSD Ventures Sdn Bhd. This development comes after the full settlement of the defaulted Silver Sparrow Bhd Medium Term Notes, marking a significant step in stabilizing the company’s financial and operational standing.

More about Aseana Properties

Aseana Properties Limited is a property developer based in Malaysia and is listed on the main market of the London Stock Exchange.

Average Trading Volume: 45,000

Technical Sentiment Signal: Sell

Current Market Cap: $19.31M

Find detailed analytics on ASPL stock on TipRanks’ Stock Analysis page.

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