ASB

0.105

(%)

ASB - Notice of Rights Entitlement (Ratio)

ADVANCE SYNERGY BERHAD

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")
 

Kindly be advised of the following :

 

1)    The above Company’s securities will be traded and quoted “Ex-Rights” as from: 03 Oct 2022
2)    The last date of lodgment : 04 Oct 2022
3)    Retention Money: Where securities are not delivered in time for registration by the seller, then the brokers concerned:-
       a)    Selling Broker to deduct<2/3>, of Selling Price against the Selling Client
       b)    Buying Broker to deduct <10%>, of Purchase Price against the Buying Client
       c)    Between Broker and Broker, the deduction of <2/3>, of the Transacted Price is applicable.

 

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.

 


Announcement Info

Company Name ADVANCE SYNERGY BERHAD
Stock Name ASB
Date Announced 14 Sep 2022
Category Listing Circular
Reference Number ILC-14092022-00002