Advanced Systems Automation Limited (SG:WJ9) has released an update.
Advanced Systems Automation Limited has successfully passed resolutions for the acquisition of LSO Organization Holdings Pte. Ltd. and the issuance of redeemable convertible notes, aiming to diversify into the aquaculture industry and strengthen its financial position. The company’s board is optimistic that these strategic moves will enhance shareholder value, improve market capitalization, and ensure ongoing operations as a going concern.
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