News

Material Litigation

BackApr 18, 2011
te Announced : 18/04/2011  



Type : Announcement
Subject :
MATERIAL LITIGATION

Description :
Advance Synergy Berhad (“ASB” or “Company”)
Legal Proceedings between Advance Synergy Capital Sdn Bhd (“ASCAP”), a wholly owned subsidiary of the Company and ACE INA INTERNATIONAL HOLDINGS LTD (“ACE INA”) with regard to ASCAP’s 49% equity interest in ACE SYNERGY INSURANCE BERHAD (“ASIB”)
   
 

Announcement Details/Table Section :

Further to our announcement on 2 March 2011 in respect of ACE INA’s application for committal against ASCAP, ASB and their directors filed in the above captioned legal proceedings (“the Application”), we wish to inform the Exchange that the hearing of the Application has been adjourned to 29 April 2011.

 

This announcement is dated 18 April 2011.