News
Advance Synergy Berhad ("Company" Or "ASB") Petition Under Section 181 Of The Companies Act, 1965 In Relation To Some Matters Connected To Plastic Centre Sdn Bhd
BackJul 03, 2006
| General Announcement Reference No AS-060703-62751 |
| Company Name | : | ADVANCE SYNERGY BERHAD |
| Stock Name | : | ASB |
| Date Announced | : | 03/07/2006 |
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| Type | : | Announcement |
| Subject | : | ADVANCE SYNERGY BERHAD ("Company" or "ASB") Petition under Section 181 of the Companies Act, 1965 in relation to some matters connected to Plastic Centre Sdn Bhd |
Contents :
On 1 July 2005, the Company announced that it had received a Petition under Section 181 of the Companies Act, 1965 from an individual, K.K. Gopakumaran Nair A/L Krishna Karnavar ("the Petitioner"), in relation to some matters connected to Plastic Centre Sdn Bhd ("PCSB"). PCSB was previously a 70%-owned subsidiary company of ASB which was disposed off in the year 2001. ASB now wishes to announce that the Petition against the Company was fully and effectively withdrawn in the Shah Alam High Court on 30 June 2006 by the Petitioner and as such, the Court has struck out the said Petition with no liberty to file afresh. The Petitioner has also agreed to pay cost of RM20,000.00 to the Company pursuant to the said withdrawal of the Petition.
[This announcement is dated 3 July 2006]