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Advance Synergy Berhad ("ASB" Or The "Company") Voluntary Take-Over Offer By Maybank Investment Bank Berhad (Formerly Known As Aseambankers Malaysia Berhad) ("Maybank-Ib") On Behalf Of ASB To Acquire All The Remaining Ordinary Shares Of Rm1.00 Each In Advance Synergy Capital Berhad ("Ascap Shares") At A Cash Offer Price Of Rm0.60 Per Ascap Share Pursuant To The De-Listing Of Advance Synergy Capital Berhad ("Ascap") From The Official List Of Bursa Malaysia Securities Berhad ("Bursa Securities") In Accordance With Paragraph 16.04 Of The Listing Requirements Of Bursa Securities ("De-Listing")

BackFeb 27, 2009
General Announcement
Reference No MI-090227-61874

Submitting Merchant Bank
:
 MAYBANK INVESTMENT BANK BERHAD 
Company Name
:
 ADVANCE SYNERGY BERHAD 
Stock Name
:
 ASB
Date Announced
:
 27/02/2009


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

VOLUNTARY TAKE-OVER OFFER BY MAYBANK INVESTMENT BANK BERHAD (FORMERLY KNOWN AS ASEAMBANKERS MALAYSIA BERHAD) ("MAYBANK-IB") ON BEHALF OF ASB TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM1.00 EACH IN ADVANCE SYNERGY CAPITAL BERHAD ("ASCAP SHARES") AT A CASH OFFER PRICE OF RM0.60 PER ASCAP SHARE PURSUANT TO THE DE-LISTING OF ADVANCE SYNERGY CAPITAL BERHAD ("ASCAP") FROM THE OFFICIAL LIST OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") IN ACCORDANCE WITH PARAGRAPH 16.04 OF THE LISTING REQUIREMENTS OF BURSA SECURITIES ("DE-LISTING")

Contents
:
We refer to the announcement dated 5 February 2009 in relation to the De-Listing and the announcement made by ASCAP on 27 February 2009 in relation to the approval of its shareholders for the De-Listing obtained at the extraordinary general meeting held today.

Pursuant thereto, Maybank-IB on behalf of ASB has on even date served a notice of voluntary take-over offer on the Board of Directors of ASCAP 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 ("Notice of Exit Offer").

The Notice of Exit Offer is attached with this announcement.

This announcement is dated 27 February 2009.

Attachments
:
 Notice of Exit Offer.pdf