IN BRIEF: Aseana Properties to find new buyer for RuMa Hotel

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Aseana Properties Ltd - Jersey-based property development company - On Wednesday, announces that the conditions of the agreement to sell the remaining residences at RuMa Hotel & Residences have not been met. Consequently, the sale agreement was terminated. Company therefore restarts efforts to find a new potential buyer for the assets.

Aseana first announced it entered into an agreement to sell the remaining 58 unsold residences at RuMa in Kuala Lumpur in September 2021.

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