Advanced Systems Automation Limited (SG:WJ9) has released an update.
Advanced Systems Automation Limited is facing a serious financial challenge as ASTI Holdings Limited has issued a statutory demand for full repayment of debt, with a three-week deadline. If the company fails to repay or negotiate terms by 6 August 2024, they risk being wound up by the court. Shareholders and potential investors are urged to exercise caution and seek professional advice when dealing with the company’s securities.
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