News
Advance Synergy Berhad ("ASB") Proposed Stockholders' Mandate For Recurrent Related Party Transactions Of A Revenue Or Trading Nature ("Proposed Stockholders Mandate")
BackMay 17, 2006
| General Announcement Reference No AS-060517-62153 |
| Company Name | : | ADVANCE SYNERGY BERHAD |
| Stock Name | : | ASB |
| Date Announced | : | 17/05/2006 |
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| Type | : | Announcement |
| Subject | : | ADVANCE SYNERGY BERHAD ("ASB") Proposed Stockholders' Mandate for recurrent related party transactions of a Revenue or Trading Nature ("Proposed Stockholders Mandate") |
Contents :
The Board of Directors of ASB wishes to announce that the Company proposes to seek a general mandate from its stockholders in relation to the recurrent related party transactions of a revenue or trading nature which are necessary for a day-to-day operations of the Company and/or its unlisted subsidiary companies pursuant to Paragraph 10.09 of the Listing Requirements of Bursa Malaysia Securities Berhad.
A circular to stockholders of ASB setting out information on the Proposed Stockholders' Mandate will be despatched together with the Annual Report 2005 of the Company in due course.
This announcement is dated 17 May 2006.