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BackNov 21, 2019
Type Announcement
Subject OTHERS
Description

Announcement by Captii Limited ("Captii"), a 58.3%-owned subsidiary of ASB (held via Worldwide Matrix Sdn Bhd, a wholly-owned subsidiary of ASB), to the Singapore Exchange Securities Trading Limited ("SGX") on the completion of the internal reorganisation of Captii group of companies ("Captii Group")

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 21 November 2019 released an announcement to the SGX that Captii Group has completed the following transactions in relation to the group-wide internal reorganisation exercise of Captii Group:-

 

  1. Captii has subscribed for a total of 4,765,284 ordinary shares of RM1.00 each in Postpay Asia Sdn Bhd (“PASB”), at a consideration of RM4,765,284.

     

  2. Transfer of Unified Communications Pte Ltd’s 100% shareholding in Postpay Technology Sdn Bhd to PASB.

     

  3. Transfer of Captii’s 100% shareholding in Postpay Sdn Bhd to PASB.

     

  4. Restructuring of inter-company balances within Captii Group.

     

Please refer to the attached file for the said announcement made by Captii to the SGX.

This announcement is dated 21 November 2019.

 

 

Announcement Info

Company Name ADVANCE SYNERGY BERHAD
Stock Name ASB
Date Announced 21 Nov 2019
Category General Announcement for PLC
Reference Number GA1-21112019-00081

 

 

Please refer attachment below.

Attachments

  1. Captii-Completion_of_re-organisation.pdf (Size: 67,827 bytes)