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Advanced Systems Automation Limited ( (SG:WJ9) ) has provided an update.
Advanced Systems Automation Limited announced significant operational updates following the termination of its CEO, Mr. Seah Chong Hoe, on June 20, 2025. The company, led by COO Kenneth Sng, is addressing unauthorized changes to bank signatories and missing accounting records, which may involve breaches of fiduciary duties. The company has appointed new directors to its Malaysian subsidiaries and is taking legal steps to resolve these issues.
More about Advanced Systems Automation Limited
Advanced Systems Automation Limited is a company incorporated in the Republic of Singapore, operating within the automation industry. The company focuses on providing advanced automation solutions and services, with a market presence that includes subsidiaries in Malaysia.
Technical Sentiment Signal: Sell
Current Market Cap: S$9.81M
For detailed information about WJ9 stock, go to TipRanks’ Stock Analysis page.