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The latest update is out from Advanced Systems Automation Limited ( (SG:WJ9) ).
Advanced Systems Automation Limited has entered into an amended and restated subscription agreement for the issuance of redeemable convertible notes worth up to S$7.5 million, alongside a debt settlement agreement for outstanding notes of S$2.3 million. The company has also submitted an application to the Singapore Exchange Regulation for listing and quotation of conversion shares, which signifies a strategic move to manage its financial obligations and enhance its market presence.
More about Advanced Systems Automation Limited
Advanced Systems Automation Limited, incorporated in Singapore, operates in the automation industry, focusing on the development and issuance of financial instruments such as redeemable convertible notes.
Technical Sentiment Signal: Sell
Current Market Cap: S$8.18M
See more insights into WJ9 stock on TipRanks’ Stock Analysis page.