General Announcement

09/07/1999

COMPANY ANNOUNCEMENT

ADVANCE SYNERGY BERHAD

TypeAnnouncement
SubjectCOMPANY ANNOUNCEMENT

Contents :

The Board of Directors of Advance Synergy Berhad ("ASB" or "Company") wishes to make the following announcement :-


(i) The Company had on 7 July 1999 received approval from Bank Negara Malaysia ("BNM") for United Merchant Group Berhad ("UMG"), a 50.75% subsidiary of ASB, to commence negotiations with Southern Bank Berhad pertaining to its proposed exercise involving its 43.53% equity interest comprising 74,524,000 ordinary shares in Ban Hin Lee Bank Berhad. A further announcement will be made upon finalisation of the proposed exercise by UMG and the necessary approval being obtained from BNM; and

(ii) Further to ASB's announcement on 21 April 1999 in respect of the proposed exercise involving the Company's equity interest of 50.75% in UMG, ASB has ceased negotiation in respect of this matter in view of the non-approval from BNM to enter into an agreement.


Announcement Info

Company NameADVANCE SYNERGY BERHAD  
Stock Name ASB
Date Announced9 Jul 1999  
CategoryGeneral Announcement
Reference NoCU-990709-33836

Related Announcements for ASB
Date Title
09/04/2015 OTHERS ADVANCE SYNERGY BERHAD ("ASB") Announcement by Captii Limited (formerly known as Unified Communications Holdings 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”)
26/03/2015 OTHERS ADVANCE SYNERGY BERHAD (“ASB”) Announcement by Captii Limited (formerly known as Unified Communications Holdings 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”)
09/03/2015 OTHERS ADVANCE SYNERGY BERHAD (“ASB”) DISPOSAL OF 11,275,308 ORDINARY SHARES OF RM1.00 EACH, REPRESENTING 20.0% OF THE ISSUED AND PAID UP SHARE CAPITAL OF KUMPULAN POWERNET BERHAD FOR A TOTAL CASH CONSIDERATION OF RM4,848,382.44 BY ADVANCE SYNERGY CAPITAL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF ASB(“DISPOSAL”)
17/02/2015 OTHERS ADVANCE SYNERGY BERHAD (“ASB”) Announcement by Captii Limited (formerly known as Unified Communications Holdings 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”)
16/02/2015 OTHERS ADVANCE SYNERGY BERHAD (“ASB”) Announcement of the unaudited full year financial results for the financial year ended 31 December 2014 by Captii Limited (formerly known as Unified Communications Holdings 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”)
16/01/2015 OTHERS ADVANCE SYNERGY BERHAD (“ASB”) Announcement by Captii Limited (formerly known as Unified Communications Holdings 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”)
15/01/2015 OTHERS ADVANCE SYNERGY BERHAD (“ASB”) PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN METROPRIME CORPORATION SDN BHD (“MCSB”) BY SEGI KOLEKSI SDN BHD (“SKSB”), A 70%-OWNED SUBSIDIARY OF ASB (“PROPOSED ACQUISITION”)
10/12/2014 OTHERS ADVANCE SYNERGY BERHAD (“ASB”) PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN METROPRIME CORPORATION SDN BHD (“MCSB”) BY SEGI KOLEKSI SDN BHD (“SKSB”), A 70%-OWNED SUBSIDIARY OF ASB
02/12/2014 OTHERS ADVANCE SYNERGY BERHAD (“ASB”) PROPOSED ACQUISITION OF 50% EQUITY INTEREST IN SH TOUR CO., LTD BY ORIENT ESCAPE TRAVEL SDN BHD (“OET”), AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF ASB HELD VIA DIVERSIFIED GAIN SDN BHD (“DGSB”), A WHOLLY-OWNED SUBSIDIARY OF ASB (“PROPOSED ACQUISITION”)
20/11/2014 OTHERS ADVANCE SYNERGY BERHAD (“ASB”) Announcement by Captii Limited (formerly known as Unified Communications Holdings 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 incorporation of a wholly-owned subsidiary