News
Advance Synergy Berhad ("ASB") - Proposed Disposal Of 50.1% Equity Interest In Perdana Merchant Bankers Berhad ("PMBB") To Southern Bank Berhad ("SBB") For Cash By United Merchant Group Berhad ("UMG"), A 50.75% Owned Subsidiary Of ASB ("Proposed Disposal Of PMBB"); And - Proposed Disposal Of UMG's Indirect Interest In Perdana Finance Berhad ("PFB") To Southern Bank Berhad ("SBB") For Cash ("Proposed Disposal Of PFB")
BackDec 19, 2000
| General Announcement Reference No CU-001219-59207 |
| Submitting Merchant Bank | : | Not Applicable |
| Company Name | : | ADVANCE SYNERGY BERHAD |
| Stock Name | : | ASB |
| Date Announced | : | 19/12/2000 |
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| Type | : | Announcement |
| Subject | : | ADVANCE SYNERGY BERHAD ("ASB") - PROPOSED DISPOSAL OF 50.1% EQUITY INTEREST IN PERDANA MERCHANT BANKERS BERHAD ("PMBB") TO SOUTHERN BANK BERHAD ("SBB") FOR CASH BY UNITED MERCHANT GROUP BERHAD ("UMG"), A 50.75% OWNED SUBSIDIARY OF ASB ("PROPOSED DISPOSAL OF PMBB"); AND - PROPOSED DISPOSAL OF UMG'S INDIRECT INTEREST IN PERDANA FINANCE BERHAD ("PFB") TO SOUTHERN BANK BERHAD ("SBB") FOR CASH ("PROPOSED DISPOSAL OF PFB") |
Contents :
The Board of Directors of ASB is pleased to announce that both the Proposed Disposal of PMBB and Proposed Disposal of PFB have been completed on 18 December 2000.