News

ASB - Notice Of Rights Entitlement

BackDec 11, 2007
Listing Circular
LISTING'S CIRCULAR NO. L/Q : 47727 OF 2007
 
Company Name
:
ADVANCE SYNERGY BERHAD  
Stock Name
:
ASB
Date Announced
:
11/12/2007

Subject
:
ASB - NOTICE OF RIGHTS ENTITLEMENT

Contents
:
Renounceable two (2)-call rights issue of up to RM266,012,475 nominal value of 2% 10-year irredeemable convertible unsecured loan stocks ("ICULS") at 100% of the nominal value of RM0.15 each (or equivalent of up to 1,773,416,498 ICULS), with the first cash call amount of RM0.07 per ICULS payable immediately upon acceptance/application and the second non-cash call amount of RM0.08 per ICULS payable out of the share premium account of Advance Synergy Berhad ("ASB"), on the basis of RM0.525 nominal value of ICULS (or equivalent to 3.5 ICULS) for every one (1) ordinary share of RM1.00 each in ASB held.

Kindly be advised of the following :

1) The Rights commence of trading : [ 31 December 2007 ]

2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer :
[ 31 December 2007 ]

3) The last day and time for Acceptance, Renunciation and Payment :
[ 16 January 2008 @ 5:00pm ]

4) The Rights cease quotation : [ 8 January 2008 ]

The Stock Short Name, Number and ISIN Code [ ASB-LR, 1481LR and MYL1481LR009] respectively