News
Advance Synergy Berhad ("ASB") Redemption Of Redeemable Loan Stocks ("RLS") And Repurchase Of Convertible Loan Stocks ("CLS")
BackAug 05, 2005
| General Announcement Reference No AS-050805-63720 |
| Company Name | : | ADVANCE SYNERGY BERHAD |
| Stock Name | : | ASB |
| Date Announced | : | 05/08/2005 |
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| Type | : | Announcement |
| Subject | : | ADVANCE SYNERGY BERHAD ("ASB") Redemption of Redeemable Loan Stocks ("RLS") and repurchase of Convertible Loan Stocks ("CLS") |
Contents :
Further to our announcement on 29 April 2005, the Board of Directors of ASB wishes to inform the Exchange that the balance settlement sum of approximately RM106 million (excluding any outstanding interest) pursuant to the redemption of the RLS and repurchase of the CLS shall now be paid at mutually agreed upon later date between ASB and the respective loan stock holders of ASB and upon settlement in full the appropriate announcement will be made.
[This announcement is dated 5 August 2005]