News
Multiple Proposals
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description |
ADVANCE SYNERGY BERHAD ("ASB" OR THE "COMPANY") (I) PROPOSED RIGHTS ISSUE; (II) PROPOSED EXEMPTION; AND (III) PROPOSED SGS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS") |
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Unless otherwise defined, the abbreviations and definitions used throughout this announcement are the same as those previously defined in the Company’s circular to shareholders in relation to the Proposals dated 30 June 2022 (“Circular”).
We refer to the Company’s announcement dated 11 March 2022 and its subsequent announcements in relation to the Proposals and the Circular.
On behalf of the Board, KAF IB wishes to announce that the Company has fixed the Issue Price of the Rights Shares at RM0.05 each.
The Issue Price represents a discount RM0.0147 or 22.72% to the TERP of RM0.0647 per Share, calculated based on the five (5)-day VWAMP of ASB Shares up to and including 1 September 2022, being the last trading day before the price-fixing date of the Rights Shares of RM0.0940 per Share.
This announcement is dated 2 September 2022. |
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Announcement Info
| Company Name | ADVANCE SYNERGY BERHAD |
| Stock Name | ASB |
| Date Announced | 02 Sep 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-02092022-00028 |