Type of Meeting Extraordinary
Indicator Notice of Meeting
Description

Advance Synergy Berhad ("ASB") - Notice of Extraordinary General Meeting ("EGM")

The EGM will be conducted by way of virtual meeting entirely through live streaming and online remote voting at the Webcast Venue via the link at https://www.DigitizeVote.my

Date of Meeting 29 Jul 2022
Time 10:00 AM

Venue(s)

 

Webcast Venue at the Board Room

Ground Floor, Synergy 9, 9 Jalan Kajibumi U1/70

Temasya Glenmarie

40150 Shah Alam, Selangor

Malaysia

Date of General Meeting Record of Depositors 15 Jul 2022

Resolutions

 

1. ORDINARY RESOLUTION 1

Description

PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,858,389,886 NEW ORDINARY SHARES IN ASB ("RIGHTS SHARES") ON THE BASIS OF TWO (2) RIGHTS SHARES FOR EVERY ONE (1) EXISTING ORDINARY SHARE IN ASB ("ASB SHARE") HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED RIGHTS ISSUE")

Shareholder’s Action For Voting
 

2. ORDINARY RESOLUTION 2

Description

PROPOSED EXEMPTION FOR DATO' AHMAD SEBI BAKAR ("DASB") AND THE PERSONS ACTING IN CONCERT WITH HIM, NAMELY SUASANA DINAMIK SDN BHD, BRIGHT EXISTENCE SDN BHD, ARYATI SASYA DATO' AHMAD SEBI ("ARYATI SASYA"), ANTON SYAZI DATO' AHMAD SEBI ("ANTON SYAZI") AND EIGHTH REVIEW (M) SDN BHD (COLLECTIVELY KNOWN AS THE "PACS"), UNDER SUBPARAGRAPH 4.08(1)(B) OF THE RULES ON TAKE-OVERS, MERGERS AND COMPULSORY ACQUISITIONS ("RULES") FROM THE OBLIGATION TO UNDERTAKE A MANDATORY TAKE-OVER OFFER FOR THE REMAINING ASB SHARES NOT ALREADY OWNED BY THEM ("MANDATORY OFFER"), UPON THE COMPLETION OF THE PROPOSED RIGHTS ISSUE ("PROPOSED EXEMPTION")

Shareholder’s Action For Voting
 

3. ORDINARY RESOLUTION 3

Description

PROPOSED ESTABLISHMENT OF A SHARE GRANT SCHEME ("SCHEME") OF UP TO TEN PERCENT (10%) OF THE TOTAL NUMBER OF ISSUED SHARES OF ASB (EXCLUDING TREASURY SHARES, IF ANY) AT ANY POINT OF TIME DURING THE DURATION OF THE SCHEME FOR THE ELIGIBLE DIRECTOR(S) OF ASB AND/OR EMPLOYEE(S) OF ASB AND ITS SUBSIDIARIES ("ASB GROUP") (EXCLUDING SUBSIDIARY(IES) LISTED ON ANY STOCK EXCHANGE AS WELL AS ITS GROUP OF COMPANIES, AND ANY DORMANT SUBSIDIARY(IES) OF THE ASB GROUP) ("PROPOSED SGS")

Shareholder’s Action For Voting
 


 

Please refer attachment below.


 


ANNOUNCEMENT INFO

Company Name ADVANCE SYNERGY BERHAD
Stock Name ASB
Date Announced 29 Jun 2022
Category General Meeting
Reference Number GMA-29062022-00020
Corporate Action ID MY220629MEET0020

ATTACHMENTS

  1. ASB_-_Notice_of_EGM.pdf (Size: 87,673 bytes)