News
Rights Issue
| Entitlement subject | Rights Issue |
| Type | Renounceable |
| Entitlement description |
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,858,389,886 NEW ORDINARY SHARES IN ADVANCE SYNERGY BERHAD ("ASB") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.05 PER RIGHTS SHARE ON THE BASIS OF TWO (2) RIGHTS SHARES FOR EVERY ONE (1) EXISTING ORDINARY SHARE IN ASB HELD AS AT 5:00 P.M. ON TUESDAY, 4 OCTOBER 2022 ("RIGHTS ISSUE") |
| Ex-Date | 03 Oct 2022 |
| Entitlement date | 04 Oct 2022 |
| Entitlement time | |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 04 Oct 2022 |
| b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | |
| c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. | |
| Number of new shares/securities issued (units) (If applicable) |
|
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.0500 |
| Par Value (if applicable) | |
| Entitlement indicator | Ratio |
| Entitlement Details | |
| Company Name |
ADVANCE SYNERGY BERHAD |
| Entitlement | Ordinary Rights |
| Ratio (New:Existing) | 2.0000 : 1.0000 |
| Rights Crediting Date | 04 Oct 2022 |
| Fractional Entitlement | |
| Registrar or Service Provider name, address, telephone no | SECTRARS MANAGEMENT SDN BHD Lot 9-7, Menara Sentral Vista No. 150, Jalan Sultan Abdul Samad Brickfields 50470 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0322766138 Fax:0322766131 |
| Remarks : |
|
The Abridged Prospectus, together with the Notice of Provisional Allotment and Rights Subscription Form (collectively referred to as the "Documents") in relation to the Rights Issue will only be despatched to the shareholders of ASB whose names appear in the ASB's Record of Depositors as at 5:00 p.m. on 4 October 2022 ("Entitlement Date") ("Entitled Shareholders") and who have a registered address in Malaysia or who have provided ASB's share registrar with a registered address in Malaysia in writing by 5:00 p.m. on the Entitlement Date. Entitled Shareholders who do not have a registered address in Malaysia and wish to provide the address in Malaysia, should inform their respective stockbrokers to effect the change of address by 5:00 p.m. on the Entitlement Date. The Documents are not intended to (and will not be made to) comply with the laws of any country or jurisdiction other than Malaysia, and are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia and no action has been or will be taken to ensure that the Rights Issue complies with the laws of any country or jurisdiction other than the laws of Malaysia. This announcement is dated 13 September 2022. |
Announcement Info
| Company Name | ADVANCE SYNERGY BERHAD |
| Stock Name | ASB |
| Date Announced | 13 Sep 2022 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-02092022-00005 |
| Corporate Action ID | MY220902RHDI0001 |