News
Advance Synergy Berhad (ASB Or The Company) · Proposed Acquisition By Worldwide Matrix Sdn Bhd, A Wholly-owned Subsidiary Of Advance Synergy Berhad, Of A 70% Equity Interest In Unified Communications Sdn Bhd Comprising 700,140 Ordinary Shares Of RM1.00 Each For A Total Cash Consideration Of RM54,000,000 From Wong Tze Leng; And · Proposed Acquisition By Worldwide Matrix Sdn Bhd, A Wholly-owned Subsidiary Of Advance Synergy Berhad, Of A 70% Equity Interest In Unified Communications Pte Ltd Comprising 700,000 Ordinary Shares Of SGD1.00 Each For A Total Cash Consideration Of RM45,000,000 From Wong Tze Leng (Proposed Acquisitions)
BackMay 17, 2002
| General Announcement Reference No MI-020517-62149 |
| Submitting Merchant Bank | : | SOUTHERN INVESTMENT BANK BERHAD |
| Company Name | : | ADVANCE SYNERGY BERHAD |
| Stock Name | : | ASB |
| Date Announced | : | 17/05/2002 |
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| Type | : | Announcement |
| Subject | : | ADVANCE SYNERGY BERHAD (ASB or the Company) ? Proposed acquisition by Worldwide Matrix Sdn Bhd, a wholly-owned subsidiary of Advance Synergy Berhad, of a 70% equity interest in Unified Communications Sdn Bhd comprising 700,140 ordinary shares of RM1.00 each for a total cash consideration of RM54,000,000 from Wong Tze Leng; and ? Proposed acquisition by Worldwide Matrix Sdn Bhd, a wholly-owned subsidiary of Advance Synergy Berhad, of a 70% equity interest in Unified Communications Pte Ltd comprising 700,000 ordinary shares of SGD1.00 each for a total cash consideration of RM45,000,000 from Wong Tze Leng (Proposed Acquisitions) |
Contents :
Southern Investment Bank Berhad, on behalf of the Board of Directors of ASB, wishes to announce that, Wong Tze Leng , the vendor of UCSB and UCPL, has via a letter dated 17 May 2002, consented to certain variations to the Supplemental Agreement dated 22 March 2002, by an exchange of letter with Worldwide Matrix Sdn Bhd, its wholly-owned subsidiary.
The variations are as follows: