General Announcement for PLC

04/12/2020

OTHERS ADVANCE SYNERGY BERHAD ("Company") Proposed disposal of all that piece of freehold land located at Oberseepromenade, CH 7050 Arosa, Switzerland ("Proposed Disposal")

ADVANCE SYNERGY BERHAD

Type Announcement
Subject OTHERS
Description 
ADVANCE SYNERGY BERHAD ("Company")
Proposed disposal of all that piece of freehold land located at Oberseepromenade, CH 7050 Arosa, Switzerland ("Proposed Disposal")

Further to the Company's announcements on 9 July 2020 and 16 July 2020 regarding the Proposed Disposal by its indirect 65%-owned subsidiary, Posthotel Arosa AG ("Posthotel"), for a cash consideration of Five Million Nine Hundred and Fifty Thousand Swiss Francs (CHF5.95 million) (equivalent to RM26.768 million), the Company was informed by Posthotel on 4 December 2020 that the Proposed Disposal is completed.

 

This announcement is dated 4 December 2020.



Announcement Info

Company Name ADVANCE SYNERGY BERHAD
Stock Name ASB
Date Announced 04 Dec 2020
Category General Announcement for PLC
Reference Number GA1-04122020-00078


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