ASTI Holdings Limited (SG:575) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
ASTI Holdings Limited has announced the sale of its entire stake in Advanced Systems Automation Limited, effectively reducing its investment in quoted securities to zero. This strategic move has brought the group’s investment costs below 5% of its net tangible assets, as per the latest audit. Investors may find this divestment noteworthy as it highlights ASTI Holdings’ shifting financial strategies.
For further insights into SG:575 stock, check out TipRanks’ Stock Analysis page.