News

Disclosure Of Dealings During The Offer Period In Relation To The Voluntary Take-Over Offer By Advance Synergy Berhad ("ASB" Or "The Company") To Acquire All the Remaining Securities Of Advance Synergy Capital Berhad ("ASCAP") Not Held By ASB Under The Malaysian Code On Take-overs And Mergers, 1998 ("Code")

BackOct 09, 2008
General Announcement
Reference No CU-081013-64921

Submitting Merchant Bank
:
 ASEAMBANKERS MALAYSIA BERHAD 
Company Name
:
 ADVANCE SYNERGY BERHAD 
Stock Name
:
 ASB
Date Announced
:
 14/10/2008


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
:
We refer to the announcement dated 26 September 2008 in relation to the Offer.

On behalf of the Board of Directors of ASB, Aseambankers wishes to inform that upon further review, the Offer is not subject to the approval of the Securities Commission pursuant to the Guidelines on the Offering of Equity and Equity-Linked Securities.

This announcement is dated 14 October 2008.