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ASTI enters term sheet to divest units to China-based firm

Group says the move will strengthen its balance sheet and enable it to explore other opportunities

Singapore

MAINBOARD-LISTED technology group ASTI Holdings has entered into a non-binding term sheet with China Fortune-Tech Capital Co (CFTC) to divest the STI Group, which it said would strengthen its balance sheet and enable it to explore other opportunities.

Negotiations are

sentifi.com

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