ARCHIVE DATE EXTRACTS SOURCE Aseana investee company lists on HOSE Vietnam property developer Nam Long Investment Corporation, in which Aseana holds a 16.32% stake, has listed its shares on the Ho Chi Minh Stock Exchange at VND27,000 apiece. This value Nam Long (HOSE:NLG) at approximately VND2,579bn (US$123.82m). Aloft Kuala Lumpur Sentral Hotel opens for business Aseana Properties has announced the opening of the Aloft Kuala Lumpur Sentral hotel at its Kuala Lumpur Sentral development. The hotel is managed by Starwood Hotels & Resorts under the Aloft brand. Aseana Properties Opens Aloft Hotel in Malaysia Aseana Porperties Limited is opening the world's largest Aloft hotel at its Kuala Lumpur Sentral development in Malaysia.
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5 April 2013
Nam Long debuts on bourse
The Saigon Times Daily
8 April 2013
Aseana acquired its interest in Nam Long in June 2008 for $17.14m. The value of Aseana's holdings in Nam Long was subsequently re-valued to $22.05m in December 2010 based on fair value determined by reference to the price that a new institutional investor made their investment in Nam Long in May 2010.
The value of Nam Long on listing represents a 17.8% increase in Aseana's cost of its investment, but an 8.4% decrease from the value Aseana attributed to its holdings as at 30 September 2012.
StockMarketWire
5 April 2013
A go-go to Aloft.
Malay Mail
3 April 2013
Official opening of Aloft Kuala Lumpur Sentral hotel.
The Star
3 April 2013
Aloft hotel debuts in Malaysia with opening of Aloft KL Sentral.
New Sarawak Tribune
2 April 2013
The hotel has recently hosted the Mercedes-Benz Stylo Fashion Grand Prix 2013.
Dato’ Mohammed Azlan Hashim, chairman of Aseana Properties, says: “Aseana Properties Limited is thrilled to showcase another iconic hotel after we opened Four Points by Sheraton Sandakan in May 2012. Aloft Kuala Lumpur Sentral will complement the City’s hospitality industry with its dynamic blend of decor, music, design and technology.”
Property Funds World
1 April 2013
Aloft hotel opens in KL.
New Straits Times
1 April 2013
Aloft by Aseana Properties Ltd.
The Edge
30 March 2013
All Aloft.
New Straits Times
29 March 2013
All abuzz about Aloft.
New Straits Times
28 March 2013
"Aseana Properties Limited is thrilled to showcase another iconic hotel. Aloft Kuala Lumpur Sentral will complement the City's hospitality industry with its dynamic blend of decor, music, design and technology," Aseana Properties Limited chairman Dato' Mohammed Azlan Hashim said in the release.
The hotel offers 482 rooms, bars, restaurants, banquet rooms and a rooftop pool, which at 30 stories is the highest among the Aloft brand. It is built near major tourist attractions such as the National Museum, Bird Park and Lake Gardens, the release states.
Real Estate Channel (Web)
25 March 2013
Bullish outlook for Aloft Sentral.
Malay Mail
25 March 2013
Aloft KL Sentral eyes 65pc occupancy.
Malaysian Reserve
24 March 2013
Aloft KL Sentral eyes 65pc occupancy rate in first year of operations.
Daily Express KK
23 March 2013
Aseana Properties hopes to recoup Aloft investment within 10 years.
New Straits Times
22 March 2013
World’s largest Aloft opens in KL Sentral.
The Edge Property Online
22 March 2013
Aloft KL Sentral eyes 65pc occupancy rate.
The Malaysian Insider Online
