News
Transactions (Chapter 10 Of Listing Requirements):Non Related Party Transactions
BackAug 13, 2014
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | ADVANCE SYNERGY BERHAD (“ASB” OR “THE COMPANY”) PROPOSED DISPOSAL OF A HOTEL PROPERTY KNOWN AS CITY VILLA KUALA LUMPUR LOCATED AT NO. 69 JALAN HAJI HUSSEIN, OFF JALAN TUANKU ABDUL RAHMAN, 50300 KUALA LUMPUR BY MAYOR HOTELS SDN BHD (“MHSB”), AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF ASB [HELD VIA ALANGKA-SUKA HOTELS & RESORTS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF ASB] (“PROPOSED DISPOSAL”) |
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Further to the Company’s announcement on 31 July 2014 in relation to the Proposed Disposal, the Board of Directors of ASB wishes to announce that the Proposed Disposal was aborted following a letter received by MHSB on 13 August 2014 from the purchaser, MW Urban Development Sdn Bhd. This announcement is dated 13 August 2014. |
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Announcement Info
| Company Name | ADVANCE SYNERGY BERHAD |
| Stock Name | ASB |
| Date Announced | 13 Aug 2014 |
| Category | General Announcement |
| Reference No | AS-140813-64039 |