News

Acquisition Of A Shelf Company, Larkwood Assets Limited ("LAL") By Alangka-Suka International Limited ("ASIL"), A Wholly-Owned Subsidiary Of Alangka-Suka Hotels & Resorts Berhad ("ASH"), Which In Turn Is A 99.63%-Owned Subsidiary Of Advance Synergy Berhad ("ASB")

BackOct 17, 2003
General Announcement
Reference No AS-031017-63388
Company Name : ADVANCE SYNERGY BERHAD 
Stock Name : ASB
Date Announced : 17/10/2003

Type : Announcement
Subject : ACQUISITION OF A SHELF COMPANY, LARKWOOD ASSETS LIMITED ("LAL") BY ALANGKA-SUKA INTERNATIONAL LIMITED ("ASIL"), A WHOLLY-OWNED SUBSIDIARY OF ALANGKA-SUKA HOTELS & RESORTS BERHAD ("ASH"), WHICH IN TURN IS A 99.63%-OWNED SUBSIDIARY OF ADVANCE SYNERGY BERHAD ("ASB")

Contents :

The Board of Directors of ASB wishes to announce that ASIL, a wholly-owned subsidiary of ASH, which in turn is a 99.63%-owned subsidiary of ASB has acquired 100 per cent equity interest in a shelf company, LAL, comprising two (2) ordinary shares of US$1.00 each, fully paid up for a total consideration of US$2.00. The authorised share capital of LAL is US$50,000.00 divided into 50,000 ordinary shares of US$1.00 each.

None of the Directors or substantial stockholders of ASB and/or persons connected with them has any interest, direct or indirect, in the acquisition of LAL.


(This announcement is dated 17 October 2003)