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The latest announcement is out from ASTI Holdings Limited ( (SG:575) ).
ASTI Holdings Limited has received a no-objection letter from the Singapore Exchange Regulation (SGX-ST) for the resumption of trading in its shares and a waiver from the requirement to obtain prior approval for appointing new directors. This development is contingent on the company fulfilling certain conditions, including demonstrating its ability to continue as a going concern, which is supported by its positive cash flows, significant cash reserves, and absence of outstanding loans. This move is expected to positively impact the company’s operational stability and market positioning.
More about ASTI Holdings Limited
ASTI Holdings Limited is a company based in Singapore, operating with its subsidiaries as a group. The company is involved in the industry of trading shares and focuses on financial operations and management.
Current Market Cap: S$9.17M
For a thorough assessment of 575 stock, go to TipRanks’ Stock Analysis page.