I had an event that occured at 01:00, and the timestamp on the syslog message is correct, but it shows in the LM event timeline as having occured at 05:00. It appears that all the events are showing as +4 hours ahead of local time here.
I have checked the timezone location and time settings in ASG and they all are correct. Also, the running clock in LM shows the correct time and timezone. Perhaps I am just missing something.