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| Type | Announcement |
| Subject | OTHERS |
| Description |
ADVANCE SYNERGY BERHAD ("ASB")
Announcement by Captii Limited ("Captii"), an indirect 58.3%-owned subsidiary of ASB to the Singapore Exchange Securities Trading Limited ("SGX")
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Pursuant to paragraph 9.19(40) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”), we wish to inform Bursa Securities that Captii, our subsidiary which is listed on the SGX, had on 8 March 2016 released their announcement that Captii’s wholly-owned subsidiary, Captii Ventures Pte. Ltd., has completed its investment in 50,000 convertible preference shares in OOPA Pte Ltd (“OOPA”), which in turn is convertible into ordinary shares of OOPA representing 25% stake in OOPA on fully converted basis (“Investment”). This Investment also signifies that OOPA has become an associated company of Captii by virtue of the convertible rights in the preference shares. Please refer to the attached file for the said announcement made by Captii to the SGX. |
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Please refer attachment below.
Announcement Info
| Company Name | ADVANCE SYNERGY BERHAD |
| Stock Name | ASB |
| Date Announced | 08 Mar 2016 |
| Category | General Announcement for PLC |
| Reference Number | GA1-08032016-00047 |
Attachments
- Captii_Announcement_8.3.2016_Investment_in_an_associated_company.pdf (Size: 131,410 bytes)