News
Advance Synergy Berhad ("ASB" Or "Company") - Notice To Warrantholders
BackJan 16, 2008
| General Announcement |
| Reference No AS-080116-62371 |
| Company Name |
:
|
ADVANCE SYNERGY BERHAD |
| Stock Name |
:
|
ASB-WA |
| Date Announced |
:
|
16/01/2008 |
 |
|
|
| Type | : | Announcement |
| Subject | : | ADVANCE SYNERGY BERHAD ("ASB" OR "COMPANY") - NOTICE TO WARRANTHOLDERS |
Contents :
The Company wishes to release a Notice to Warrantholders in relation to the following:-
1. Adjustment to the exercise price of the 168,896,809 outstanding warrants of ASB consequential to the renounceable two (2)-call rights issue of up to RM177,341,650 nominal value of 2% 10-year irredeemable convertible unsecured loan stocks ("ICULS") at 100% of the nominal value of RM0.15 each (or equivalent of up to 1,182,277,666 ICULS), with the first cash call amount of RM0.07 per ICULS payable immediately upon acceptance/application and the second non-cash call amount of RM0.08 per ICULS payable out of the share premium account of our Company, on the basis of RM0.525 nominal value of ICULS (or equivalent to 3.5 ICULS) for every one (1) ordinary share of RM1.00 each held in our Company at 5.00 p.m. on 26 December 2007; and 2. Further extension of the duration and exercise period of the 168,896,809 outstanding warrants of ASB for another period of two (2) years from 28 August 2008 up to and including 28 August 2010.
Please refer to the attached file for the full text of the said Notice.
[This announcement is dated 16 January 2008.]
Attachments
- Notice_to_Warrantholders.pdf (Size: 617,398 bytes)