News

Advance Synergy Berhad ("ASB" Or The "Company") Voluntary Take-Over Offer By Aseambankers Malaysia Berhad ("ASEAMBANKERS") On Behalf Of ASB To Acquire All The Remaining Ordinary Shares Of RM1.00 Each In Advance Synergy Capital Berhad ("ASCAP Shares") Which Are Not Already Owned By Asb At A Cash Offer Price Of RM0.60 Per Ascap Share ("Offer")

BackSep 26, 2008
General Announcement
Reference No CU-080926-60215

Submitting Merchant Bank
:
 ASEAMBANKERS MALAYSIA BERHAD 
Company Name
:
 ADVANCE SYNERGY BERHAD 
Stock Name
:
 ASB
Date Announced
:
 26/09/2008


Type
:
 Announcement
Subject
:
ADVANCE SYNERGY BERHAD ("ASB" OR THE "COMPANY")

Voluntary take-over offer by Aseambankers Malaysia Berhad ("Aseambankers") on behalf of ASB to acquire all the remaining ordinary shares of RM1.00 each in Advance Synergy Capital Berhad ("ASCAP Shares") which are not already owned by ASB at a cash offer price of RM0.60 per ASCAP Share ("Offer")

Contents
:
On behalf of the Board of Directors of ASB, Aseambankers is pleased to announce that the Company had on 26 September 2008 served a notice to the Board of Directors of Advance Synergy Capital Berhad, a 63.92% subsidiary of ASB, to carry out a voluntary take-over to acquire all the remaining ASCAP Shares which are not already owned by ASB at a cash offer price of RM0.60 per ASCAP Share.

Details of the Offer and the Notice of Voluntary Take-over Offer are set out in the attached files.

This announcement is dated 26 September 2008.

Attachments
:
 Notice of Voluntary Take-over Offer.pdf
Announcement .pdf