News
Transactions (Chapter 10 Of Listing Requirements):Related Party Transactions
BackJan 10, 2013
| 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 |
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Further to our announcements dated 17 August 2012 and 14 September 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, an indirect wholly-owned subsidiary of ASB, from ASH Holdings Sdn Bhd (“Proposed Acquisition”), we wish to inform that the balance purchase price of RM1,980,000.00 has been paid on 10 January 2013 in accordance with the Sale and Purchase Agreement dated 14 September 2012. Accordingly, the Proposed Acquisition is deemed completed. This announcement is dated 10 January 2013. |
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Announcement Info
| Company Name | ADVANCE SYNERGY BERHAD |
| Stock Name | ASB |
| Date Announced | 10 Jan 2013 |
| Category | General Announcement |
| Reference No | AS-130110-64702 |