All Asia Asset Capital

Equities

AAA

VGG017801082

Delayed London S.E. Other stock markets			5-day change	1st Jan Change
- ^GBX	-.--%		-.--%	-.--%

15/04	AAA Capital Limited Appoints John Hardbattle as Independent Non-Executive Director	CI
2023	Sentiance NV/SA announced that it has received funding from AAA Capital Limited	CI

All Asia Asset Capital : Update Regarding Disposal of Energy Central Limited

April 19, 2017 at 12:10 pm IST

All Asia Asset Capital Limited

("All Asia Asset Capital", "AAA" or the "Company") Update regarding disposal of Energy Central Limited

18 April 2017

The Board of AAA (AIM: AAA) announces that, further to the Company's announcement of 24 March 2017 regarding the passing of all resolutions at the Company's Extraordinary General Meeting on the same day, the Company has not received the consideration payment equivalent to Thai Baht 34,889,000 (the "Payment") from Chakris Kajkumjohndej (the "Purchaser"), in respect of the disposal by the Company of AAA's entire interest in Energy Central Limited (the "Disposal").

Completion of the Disposal was originally scheduled for 15 April 2017, but was subject to the receipt of the Payment. The Board of AAA has been informed by the Purchaser that it has filed an application for the remittance of the Payment to AAA, but at this stage the Company has not received the Payment. AAA is in dialogue with the Purchaser's legal representative and the parties are working towards concluding the Payment within 15 days.

Further announcements will be made as appropriate.

-Ends-

For further information:

All Asia Asset Capital Limited

Paniti Junhasavasdikul, General Counsel

Robert Berkeley, Executive Chairman and Finance Director

Tel: +44 (0) 207 621 8910

Tel: +852 3756 0124

www.aaacap.com

Allenby Capital Limited (Nomad & Broker)

Nick Athanas / Nick Naylor / Alex Brearley

Tel: +44 (0) 203 328 5656

www.allenbycapital.com

About AAA

AAA is an investment company that has been established as a platform for investors looking to access growing markets in the Asia-Pacific region. The Company invests in a portfolio of companies with at least a majority of operations (or early-stage companies that intend to have at least a majority of their operations) in the Asia-Pacific region in industries with high growth potential including, but not limited to: agriculture, forestry and plantations, mining, natural resources, property, and/or technology. AAA is publicly quoted and its shares are traded on the AIM market, which is operated by the London Stock Exchange.

All Asia Asset Capital Limited published this content on 18 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 19 April 2017 06:40:07 UTC.

Original documenthttp://www.aaacap.com/pdf/regulatory-news-update-regarding-disposal-of-energy-central-limited-18-april-2017-2017-04-19.pdf

Public permalinkhttp://www.publicnow.com/view/E42E710CE9681FF92F9C73DF7553C24226161E03

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Company Profile

All Asia Asset Capital Limited is a United Kingdom-based investment company. The investment objective of the Company is to invest in a portfolio of companies with at least the majority of their operations (or early stage companies that intend to have at least the majority of their operations) in the Asia Pacific region with focus on Malaysia, Thailand, Indonesia and Myanmar. It invests in companies that operate (or early stage companies) in various industries, including agriculture, forestry and plantations, mining, natural resources, property and technology. Its subsidiaries include All Asia Asset Energy Limited, All Asia Assets Capital (Hong Kong) Limited, Energy Central Limited and Fortune House Group Limited. It also holds interest in Myanmar Allure Group Co., Ltd. (MAG), which operates in the hospitality and entertainment business, and Andaman Power and Utility Company Limited, which operates in the development of utility plants and the provision of electricity.

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