News

Proposed Disposal Of The Entire Shareholding And Voting Rights In Alangka-suka Paris Sas ("ASP"), Holiday Villa Lafayette Paris SAS("HVLP") [Wholly-owned Subsidiary Held Via ASP] And Legenda De Malaisie Sas ("LDM"), Indirect Subsidiaries Of ASB Held Via Alangka-suka Hotels & Resorts Sdn Bhd, A Wholly-owned Subsidiary Of ASB ("Proposed Disposal")

BackJul 07, 2014

Type	Announcement
Subject	OTHERS
Description	ADVANCE SYNERGY BERHAD (“ASB”) PROPOSED DISPOSAL OF THE ENTIRE SHAREHOLDING AND VOTING RIGHTS IN ALANGKA-SUKA PARIS SAS (“ASP”), HOLIDAY VILLA LAFAYETTE PARIS SAS (“HVLP”) [WHOLLY-OWNED SUBSIDIARY HELD VIA ASP] AND LEGENDA DE MALAISIE SAS (“LDM”), INDIRECT SUBSIDIARIES OF ASB HELD VIA ALANGKA-SUKA HOTELS & RESORTS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF ASB (“PROPOSED DISPOSAL”)
Further to our announcements on 10 February 2014 and 9 May 2014 concerning the Proposed Disposal, we wish to inform that the Proposed Disposal was completed on 7 July 2014. With the completion of the Proposed Disposal, ASP, HVLP and LDM shall cease to be indirect subsidiaries of ASB. This announcement is dated 7 July 2014.