SUBSCRIBERS

ASTI to sell core semiconductor units for S$90m, plus S$38m in dividends

Published Mon, Apr 2, 2018 · 09:50 PM

Singapore

MAINBOARD-listed ASTI Holdings is selling its core semiconductor technologies and instruments businesses for S$90 million, plus S$38 million in dividends, subject to adjustments.

The businesses, collectively known as the STI Group, will be sold to Shanghai Pudong Science and Technology Investment (PDSTI).

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here