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ASTI Holdings Limited ( (SG:575) ) has provided an announcement.
ASTI Holdings Limited saw its shares close 157% above the last traded price on the first day of trading resumption on the Singapore Exchange, following a suspension that began in July 2022 and a prior delisting notification. The sharp rebound, which included an intraday high of 221%, signals renewed investor confidence tied to the company’s restructuring, improved financial position after a S$3.2 million placement, and reinforced strategic focus on expanding its semiconductor services. Management highlighted ASTI’s return to trading under SGX RegCo’s new disclosure-based regime as evidence of strengthened compliance and governance, positioning the company to pursue innovation and complementary services while aiming to deliver long-term value for shareholders.
More about ASTI Holdings Limited
ASTI Holdings Limited is a Singapore-based company operating in the semiconductor services sector, focusing on providing semiconductor-related solutions to its existing customer base. The company has recently undergone comprehensive restructuring and capital-raising efforts to strengthen its balance sheet and support sustainable growth in its core semiconductor services business.
Current Market Cap: S$9.17M
For an in-depth examination of 575 stock, go to TipRanks’ Overview page.