Advanced Systems Automation Limited (SG:WJ9) has released an update.
Advanced Systems Automation Limited has made its first installment payment to Telford Service Sdn Bhd, adhering to previously announced repayment terms, despite the creditor’s rejection of the repayment proposal. The creditor confirmed receipt but insists on immediate payment of the remaining debt, with which the company is seeking a mutually beneficial resolution. Shareholders are cautioned to seek professional advice before trading and to await further updates.
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