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Advance Synergy Berhad ("ASB") Proposed Sale Of 100% Equity Interest In Interwell International Limited ("IIL"), A Subsidiary Of ASB, And Leaseback Of The Hotel property Owned By IIL With A Buyback Option For The Said Property

BackFeb 13, 2006
General Announcement
Reference No AS-060213-58611
Company Name : ADVANCE SYNERGY BERHAD
Stock Name : ASB
Date Announced : 13/02/2006


Type : Announcement
Subject : ADVANCE SYNERGY BERHAD ("ASB")
Proposed sale of 100% equity interest in Interwell International Limited ("IIL"), a subsidiary of ASB, and leaseback of the hotel property owned by IIL with a buyback option for the said property

Contents :

Further to our announcement on 20 December 2005 in respect of the above captioned, we wish to announce that the said proposed sale has been completed on 10 February 2006 and accordingly, IIL has ceased to be a subsidiary of ASB.

This announcement is dated 13 February 2006.