News
Circular To Stockholders in Relation To The i) Proposed Capital Reduction Which Comprises: - Proposed reduction Of The issued And Paid-up Share Capital Of Advance Synergy Berhad ("ASB" Or "Company") From A Maximum Of RM506,690,428 comprising 506,690,428 Ordinary Stock Units In ASB ("ASB Stock Units") Of RM1.00 Each (Assuming That All Of The 168,896,809 ASB Warrants Outstanding As At 7 May 2007 Constituted By Deed Poll Dated 28 April 2000 And Supplemental Deed Poll Dated 24 July 2003 ("ASB Warrants") Are Exercised And 168,896,809 New ASB Stock Units Arising Therefrom Are Issued BeFore The Cut·Off Date For The Proposed Capital Reduction) To RM152,007,128 Comprising 506,690,428 ASB Stock Units Of RM0.30 Each, By Cancelling RM0.70 Of Par Value From Every ASB Stock Unit Of RM1.00 Each To Reduce The Accumulated Losses In The company And - Proposed Reduction Of Up To The Entire Amount In The Share Premium Account Of ASB In The Manner As Set Out In The Circular To Reduce The Accumulated L
BackJun 05, 2007
Circular |
Reference No JM-070605-63118 |
Company Name |
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ADVANCE SYNERGY BERHAD |
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ASB |
Date Announced |
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05/06/2007 |
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