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Advance Synergy Berhad ("ASB") 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 ("Exit Offer")

BackMar 27, 2009
General Announcement
Reference No MI-090327-61995

Submitting Merchant Bank
:
 MAYBANK INVESTMENT BANK BERHAD 
Company Name
:
 ADVANCE SYNERGY BERHAD 
Stock Name
:
 ASB
Date Announced
:
 27/03/2009


Type
:
 Announcement
Subject
:
ADVANCE SYNERGY BERHAD ("ASB")

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 ("EXIT OFFER")

Contents
:
Reference is made to our announcement dated 27 March 2009 and the offer document dated 12 March 2009 ("Offer Document") in relation to the Exit Offer.

Maybank IB wishes to clarify that for the purpose of computing the public shareholding spread of ASCAP and ASB's shareholding in ASCAP pursuant to Paragraph 8.15(5) and Practice Note 19/2006 of the Listing Requirements of Bursa Securities, the treasury shares of ASCAP must be included for the abovesaid computation.

However, for the purpose of computing ASB's shareholding in ASCAP pursuant to the Exit Offer, the computation of ASB's shareholding in ASCAP should exclude ASCAP Shares held as treasury shares. As such, Maybank IB wishes to highlight that as at 5.00 p.m. on 24 March 2009, ASB has received acceptances for 1,529,505 ASCAP Shares (including acceptances subject to verification) and acquired 584,800 ASCAP Shares from the open market during the period commencing 27 February 2009 up to 24 March 2009 resulting in ASB holding a total of 128,036,257 ASCAP Shares representing 90.20% of the total issued and paid-up share capital of ASCAP (computed after excluding ASCAP Shares held as treasury shares).

This announcement is dated 27 March 2009.