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Advanced Systems Automation Faces Legal Claims from ASTI Holdings

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Advanced Systems Automation Faces Legal Claims from ASTI Holdings

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Advanced Systems Automation Limited ( (SG:WJ9) ) has issued an announcement.

Advanced Systems Automation Limited has been served with an Originating Claim and a Statement of Claim by ASTI Holdings Limited in the High Court of Singapore. The claims involve significant financial demands totaling over S$9 million, related to corporate services and loan agreements, which could impact the company’s financial stability and stakeholder confidence.

More about Advanced Systems Automation Limited

Advanced Systems Automation Limited is a company incorporated in Singapore, primarily involved in the automation industry. The company, along with its subsidiaries, focuses on providing advanced automation solutions.

Technical Sentiment Signal: Sell

Current Market Cap: S$9.81M

See more insights into WJ9 stock on TipRanks’ Stock Analysis page.

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