Aseana Properties Buys Kuala Lumpur Hotel For $66M

30th Jul 2010 07:56

LONDON (Dow Jones)--Aseana Properties Limited (ASPL.LN), a property developer in Malaysia and Vietnam Friday announces the acquisition of a four-star business hotel in Kuala Lumpur Sentral, from Excellent Bonanza Sdn. Bhd. at a consideration of MYR217 million ($66 million) MAIN FACTS: -Sale of 1 Mont' Kiara office tower and retail mall to ADF Dragon Limited for MYR333 million ($104 million) -Shares closed Thursday at 34.4 pence. By Iain Packham, Dow Jones Newswires; 44-20-7842-9269; [email protected] (END) Dow Jones Newswires July 30, 2010 02:56 ET (06:56 GMT)

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