News

Advance Synergy Berhad ("ASB" Or The "Company") Proposed Voluntary Withdrawal Of Advance Synergy Capital Berhad ("Ascap") From The Official List Of Bursa Malaysia Securities Berhad ("Bursa Securities") Pursuant To Paragraph 16.04 Of The Listing Requirements Of Bursa Securities ("Proposed De-Listing")

BackFeb 05, 2009
General Announcement
Reference No CU-090204-63243

Submitting Merchant Bank
:
 ASEAMBANKERS MALAYSIA BERHAD 
Company Name
:
 ADVANCE SYNERGY BERHAD 
Stock Name
:
 ASB
Date Announced
:
 05/02/2009


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

PROPOSED VOLUNTARY WITHDRAWAL OF ADVANCE SYNERGY CAPITAL BERHAD ("ASCAP") FROM THE OFFICIAL LIST OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") PURSUANT TO PARAGRAPH 16.04 OF THE LISTING REQUIREMENTS OF BURSA SECURITIES ("PROPOSED DE-LISTING")

Contents
:
Reference is made to our announcements dated 15 December 2008 and 2 January 2009 and the offer document dated 16 October 2008 ("Offer Document") in relation to the voluntary take-over offer for the remaining ordinary shares of RM1.00 each in ASCAP ("ASCAP Shares") which are not already owned by ASB at a cash offer price of RM0.60 per ASCAP Share which was closed on 15 December 2008 ("Offer").

On behalf of ASB, Maybank Investment Bank Berhad (formerly known as Aseambankers Malaysia Berhad) ("Maybank-IB") wishes to announce that in line with ASB's intention to undertake the necessary procedures to request for the withdrawal of ASCAP's listing status from Bursa Securities, as set out in the Offer Document, ASB has on 5 February 2009 served a proposal to the Board of Directors ("Board") of ASCAP in relation to the Proposed De-Listing, details of which are set out in the attached file.

This announcement is dated 5 February 2009.

Attachments
:
 Announcement.pdf