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Advanced Systems Automation Seeks Court Intervention Against ASTI’s Winding-Up Threat

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Advanced Systems Automation Seeks Court Intervention Against ASTI’s Winding-Up Threat

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Advanced Systems Automation Limited ( (SG:WJ9) ) just unveiled an announcement.

Advanced Systems Automation Limited has filed a court application to prevent ASTI Holdings Limited from initiating a winding-up process against it, disputing the claims of outstanding sums and management fees. ASTI has agreed not to pursue winding-up proceedings pending the resolution of the court application, with a case management conference scheduled for later in August 2025.

More about Advanced Systems Automation Limited

Advanced Systems Automation Limited, incorporated in Singapore in 1986, operates in the automation industry, providing advanced systems and solutions to enhance operational efficiency.

Technical Sentiment Signal: Sell

Current Market Cap: S$11.45M

For a thorough assessment of WJ9 stock, go to TipRanks’ Stock Analysis page.

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