News
Acquisition Of A Shelf Company By Larkswood Assets Limited ("LAL"), A Wholly-Owned Subsidiary Of Alangka-Suka International Limited, Which In Turn Is A Wholly-Owned Subsidiary Of Alangka-Suka Hotels & Resorts Berhad, A 99.63%-Owned Subsidiary Of Advance Synergy Berhad ("ASB")
BackNov 17, 2003
| General Announcement Reference No AS-031117-63934 |
| Company Name | : | ADVANCE SYNERGY BERHAD |
| Stock Name | : | ASB |
| Date Announced | : | 17/11/2003 |
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| Type | : | Announcement |
| Subject | : | ACQUISITION OF A SHELF COMPANY BY LARKSWOOD ASSETS LIMITED ("LAL"), A WHOLLY-OWNED SUBSIDIARY OF ALANGKA-SUKA INTERNATIONAL LIMITED, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF ALANGKA-SUKA HOTELS & RESORTS BERHAD, A 99.63%-OWNED SUBSIDIARY OF ADVANCE SYNERGY BERHAD ("ASB") |
Contents :
The Board of Directors of ASB wishes to announce that LAL has acquired 100 per cent equity interest in a shelf company, Holiday Villa Australia Pty Ltd ("HVA"), comprising 2 issued and fully paid-up ordinary shares of A$1.00 each.
The acquisition of HVA is to facilitate the management and operations of a hotel in Sydney, Australia.
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 HVA.
(This announcement is dated 17 November 2003)