News

Pursuant to Paragraph 10.09 (1)(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Main LR”), the Board of Directors of ASB wishes to announce that Holiday Villa (UK) Ltd (“HVUK” or “Tenant”), a wholly-owned subsidiary of ASB held via Holiday Villas International Limited, an indirect wholly-owned subsidiary of ASB [held via Alangka-Suka Hotels & Resorts Sdn Bhd (“ASHR”), a wholly-owned subsidiary of ASB], together with ASHR as guarantor have entered into a new lease agreement with Leeds Property Limited (“LPL” or “Landlord”) for the hotel property known as Holiday Villa Hotel & Suites London located at 35-39 (odd number only), Leinster Garden, London W2 3AN, England, United Kingdom which is currently being operated by HVUK (“HVUK Lease”). The HVUK Lease will commence on 16 December 2015 upon expiry of the current lease on 15 December 2015.