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

BackNov 29, 2013
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description ADVANCE SYNERGY BERHAD ("ASB")
PROVISION OF FINANCIAL ASSISTANCE TO POSTHOTEL AROSA AG (“AROSA”), A 48.7%-OWNED INDIRECT ASSOCIATED COMPANY OF ASB HELD VIA HOLIDAY VILLA ASSETS SDN BHD (“HVA”), AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF ASB (HELD VIA ALANGKA-SUKA HOTELS & RESORTS SDN BHD (“ASHR”), A WHOLLY-OWNED SUBSIDIARY OF ASB

Provision of Financial Assistance by Holiday Villa International Limited (“HVIL”, an indirect wholly-owned subsidiary of ASB held via ASHR) or its nominee(s) to Arosa pursuant to Paragraph 8.23(1)(iii) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

The details of the announcement are in the attached file.

 

Announcement Info

Company Name ADVANCE SYNERGY BERHAD  
Stock Name ASB    
Date Announced 29 Nov 2013  
Category General Announcement
Reference No AS-131129-46282

Attachments

  1. ASB_291113A.pdf (Size: 31,528 bytes)