News

Circular To Stockholders In relation To The Part A. proposed disposal Of 49% equity Interest In Ace Synergy Insurance Berhad ComprisIng 49,000,000 OrdInary Shares Of RM1.00 Each To United Merchant Group berhad for A Total Cash Consideration Of RM71,000,000 (proposed ace Disposal);. Proposed Acquisition By Worldwide Matrix Sdn Bhd, A Wholly-owned subsidiary Of Advance Synergy Berhad, Of A 70% Equity Interest In Unified Communications Sdn Bhd Comprising 700,140 Ordinary Shares Of RM1.00 Each for a Total cash consideration Of RM54,000,000 from Wong tze Leng; And. proposed Acquisition By Worldwide Matrix Sdn Bhd, A Wholly Owned Subsidiary Of Advance Synergy Berhad, Of a 70 % Equity Interest In Unified Communications Pte Ltd Comprising 700,000 OrdInary Shares Of SGD1.00 Each For A Total Cash Consideration Of RM45,000,000 From Tze Leng Part B Independent Advice Letter To the Minority Stockholders Of Advance Synergy Berhad In Relation To The Proposed Ace Disposal

BackMay 24, 2002
Circular
Reference No IJ-020524-45097
Company Name
:
ADVANCE SYNERGY BERHAD  
Stock Name
:
ASB
Date Announced
:
24/05/2002

Subject
:
CIRCULAR TO STOCKHOLDERS in relation to the

PART A

. PROPOSED DISPOSAL OF 49% EQUITY INTEREST IN ACE SYNERGY INSURANCE BERHAD COMPRISING 49,000,000 ORDINARY SHARES OF RM1.00 EACH TO UNITED MERCHANT GROUP BERHAD FOR A TOTAL CASH CONSIDERATION OF RM71,000,000 (PROPOSED ACE DISPOSAL);

. PROPOSED ACQUISITION BY WORLDWIDE MATRIX SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF ADVANCE SYNERGY BERHAD, OF A 70% EQUITY INTEREST IN UNIFIED COMMUNICATIONS SDN BHD COMPRISING 700,140 ORDINARY SHARES OF RM1.00 EACH FOR A TOTAL CASH CONSIDERATION OF RM54,000,000 FROM WONG TZE LENG; AND

. PROPOSED ACQUISITION BY WORLDWIDE MATRIX SDN BHD, A WHOLLY OWNED SUBSIDIARY OF ADVANCE SYNERGY BERHAD, OF A 70 % EQUITY INTEREST IN UNIFIED COMMUNICATIONS PTE LTD COMPRISING 700,000 ORDINARY SHARES OF SGD1.00 EACH FOR A TOTAL CASH CONSIDERATION OF RM45,000,000 FROM TZE LENG

PART B

INDEPENDENT ADVICE LETTER TO THE MINORITY STOCKHOLDERS OF ADVANCE SYNERGY BERHAD IN RELATION TO THE PROPOSED ACE DISPOSAL

Contents
:
ASB-Cover-Definitions-Contents.pdf
ASB-Part A Part 1.pdf

ASB-Part A Part 2.pdf
ASB-Part B.pdf
ASB-Appendix I.pdf

ASB-Appendix II & III.pdf
ASB-Appendix IV - IX.pdf
ASB-Appendix X & XI.pdf