Aseana Properties Limited ('Aseana') is a property development company, listed on the Main Market of London Stock Exchange on 5 April 2007. Aseana was established to take advantage of the upmarket segment of property development opportunities in Vietnam and Malaysia. Product innovation and commitment to excellence are hallmarks of Aseana, with the aim to be the premier investment gateway for investors and property owners.

Ireka Development Management Sdn. Bhd. (a wholly-owned subsidiary of Ireka Corporation Berhad) acts as the exclusive Development Manager for Aseana and is responsible for the day-to-day management of its property portfolio and the introduction and facilitation of new investment opportunities. 

Aseana's investment objective is to provide shareholders with an attractive overall total return achieved primarily through capital appreciation by investing in property in Vietnam and Malaysia. Aseana seeks to achieve its investment objective through the acquisition, development and redevelopment of upscale residential, commercial and hospitality projects. Aseana typically invest in development projects at the pre-construction stage. It will also selectively invest in projects-under-construction and completed projects with the potential for high capital appreciation. 

Aseana makes investments both as sole principal and, where appropriate, joint arrangements with third parties, where management control resides with Aseana. Such joint arrangements are only undertaken with other parties having demonstrable relevant experience or local knowledge. 

Aseana anticipates that between 30 to 40 per cent of its funds will be allocated to projects in Malaysia and between 60 to 70 per cent will be allocated to projects in Vietnam.