Advanced Systems Completes Strategic Share Conversion
Company Announcements

Advanced Systems Completes Strategic Share Conversion

Advanced Systems Automation Limited (SG:WJ9) has released an update.

Advanced Systems Automation Limited has successfully issued 23,474,178 new shares following the conversion of S$500,000 worth of T1 Notes by Advance Opportunities Fund I. This conversion, part of the broader Proposed RCN Issuance strategy, was executed at a price of S$0.0213 per share, a rate based on a discounted average of closing prices over a specified period.

For further insights into SG:WJ9 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Singapore Auto-Generated NewsdeskAdvanced Systems Holds Smooth 38th AGM
TipRanks Singapore Auto-Generated NewsdeskAdvanced Systems to Contest ASTI’s Fee Demand
TipRanks Singapore Auto-Generated NewsdeskInnovative AI System to Revolutionize Shrimp Farming
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App