News

Transactions (Chapter 10 Of Listing Requirements):Related Party Transactions

BackSep 14, 2012
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description ADVANCE SYNERGY BERHAD (“ASB”)
PROPOSED ACQUISITION OF OFFICE PREMISE FROM A RELATED PARTY BY ANTARA HOLIDAY VILLAS SDN BHD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF ASB

Further to our announcement dated 17 August 2012 concerning the proposed acquisition of an office premise bearing the postal address of B-16-8, Megan Avenue II, No. 12 Jalan Yap Kwan Seng, 50450 Kuala Lumpur for a cash consideration of RM2,200,000.00 by Antara Holiday Villas Sdn Bhd ("Purchaser"), an indirect wholly-owned subsidiary of ASB, from ASH Holdings Sdn Bhd (“Vendor”) (“Proposed Acquisition”), we wish to inform that the Purchaser had on 14 September 2012 entered into a Sale and Purchase Agreement with the Vendor for the Proposed Acquisition.

Please refer to the attachment for full announcement.

 


Announcement Info

Company Name ADVANCE SYNERGY BERHAD  
Stock Name ASB    
Date Announced 14 Sept 2012  
Category General Announcement
Reference No AS-120914-64093

Attachments

  1. ASB140912.pdf (Size: 25,602 bytes)