News
Company Announcement
BackApr 21, 1999
General Announcement Reference No CU-990421-53625 |
Submitting Merchant Bank | : | Not Applicable |
Company Name | : | ADVANCE SYNERGY BERHAD |
Stock Name | : | ASB |
Date Announced | : | 21/04/1999 |
Type | : | Announcement |
Subject | : | COMPANY ANNOUNCEMENT |
Contents :
The Board of Directors of Advance Synergy Berhad ("ASB"or "Company") wishes to announce that the Company had on 20 April 1999 received an approval from Bank Negara Malaysia to enter into negotiations pertaining to a proposed exercise involving the Company's 50.75% equity interest in United Merchant Group Berhad.
A further announcement will be made upon finalisation of the proposed exercise and the necessary approval being obtained from Bank Negara Malaysia.