News

General Meetings: Outcome Of Meeting

BackJun 06, 2011
Date Announced : 06/06/2011  



Type : Announcement
Subject :
GENERAL MEETINGS
OUTCOME OF MEETING

Description :
Advance Synergy Berhad (“ASB”)
Extraordinary General Meeting (“EGM”)
   
 

Announcement Details/Table Section :

The Board of Directors of ASB wishes to announce that the resolution as set out in the Notice of the EGM dated 20 May 2011 with regard to the proposed disposal by Advance Synergy Capital Sdn Bhd, a wholly-owned subsidiary of ASB, of its entire 49% equity interest in ACE Synergy Insurance Berhad to ACE INA International Holdings, Ltd. for a total cash consideration of RM117.0 million, was duly passed at the EGM of ASB held on 6 June 2011.

This announcement is dated 6 June 2011.