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ASTI Holdings Limited ( (SG:575) ) has issued an update.
ASTI Holdings Limited announced that its subsidiary, Reel Service Limited, received demand notes from the UK’s HMRC for alleged under-paid VAT amounting to approximately GBP 482,565. The company is contesting this assessment and has initiated a formal appeal process, which could significantly impact the group’s financial results depending on the appeal’s outcome.
More about ASTI Holdings Limited
ASTI Holdings Limited, incorporated in Singapore, operates in the technology sector with a focus on providing semiconductor manufacturing services and solutions. The company, along with its subsidiaries, serves various markets by offering products and services that support the semiconductor industry.
Current Market Cap: S$9.17M
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