ASB

0.105

(%)

Rights Issue

ADVANCE SYNERGY BERHAD

Entitlement subject Rights Issue
Type Renounceable
Entitlement description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,858,389,886 NEW ORDINARY SHARES IN ADVANCE SYNERGY BERHAD ("ASB") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.05 PER RIGHTS SHARE ON THE BASIS OF TWO (2) RIGHTS SHARES FOR EVERY ONE (1) EXISTING ORDINARY SHARE IN ASB HELD AS AT 5:00 P.M. ON TUESDAY, 4 OCTOBER 2022 ("RIGHTS ISSUE")
Ex-Date 03 Oct 2022
Entitlement date 04 Oct 2022
Entitlement time
Share transfer book & register of members will be  to  closed from (both dates inclusive) for the purpose of determining the entitlement
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 04 Oct 2022
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units)
(If applicable)
Rights Issue/Offer Price Malaysian Ringgit (MYR) 0.0500
Par Value (if applicable)
Entitlement indicator Ratio
Entitlement Details
Company Name
ADVANCE SYNERGY BERHAD
Entitlement Ordinary Rights
Ratio (New:Existing) 2.0000  : 1.0000
Rights Crediting Date 04 Oct 2022
Fractional Entitlement
Registrar or Service Provider name, address, telephone no SECTRARS MANAGEMENT SDN BHD
Lot 9-7, Menara Sentral Vista
No. 150, Jalan Sultan Abdul Samad

Brickfields

50470 Kuala Lumpur

Wilayah Persekutuan

Malaysia

Tel:0322766138
Fax:0322766131


Remarks :
The Abridged Prospectus, together with the Notice of Provisional Allotment and Rights Subscription Form (collectively referred to as the "Documents") in relation to the Rights Issue will only be despatched to the shareholders of ASB whose names appear in the ASB's Record of Depositors as at 5:00 p.m. on 4 October 2022 ("Entitlement Date") ("Entitled Shareholders") and who have a registered address in Malaysia or who have provided ASB's share registrar with a registered address in Malaysia in writing by 5:00 p.m. on the Entitlement Date. 

Entitled Shareholders who do not have a registered address in Malaysia and wish to provide the address in Malaysia, should inform their respective stockbrokers to effect the change of address by 5:00 p.m. on the Entitlement Date.

The Documents are not intended to (and will not be made to) comply with the laws of any country or jurisdiction other than Malaysia, and are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia and no action has been or will be taken to ensure that the Rights Issue complies with the laws of any country or jurisdiction other than the laws of Malaysia.

This announcement is dated 13 September 2022.


Announcement Info

Company Name ADVANCE SYNERGY BERHAD
Stock Name ASB
Date Announced 13 Sep 2022
Category Entitlement(Notice of Book Closure)
Reference Number ENT-02092022-00005
Corporate Action ID MY220902RHDI0001