Advanced Systems Automation
Advanced Systems Automation terminates pre-conditional offer for Asti shares
This follows Sias’ queries for clarification amid governance and valuation concerns
Sias calls on Advanced Systems Automation to clarify Asti offer over governance, valuation concerns
Sias founder David Gerald says implied discount to Advanced Systems Automation’s offer has ‘widened materially’ to in excess of 67%
Advanced Systems Automation makes pre-conditional offer for Asti shares
If the deal materialises, the offeror intends to amalgamate the semiconductor businesses of both companies
Advanced Systems Automation’s ex-CEO says fund transfers were for unpaid salaries
But the company, answering queries from the Singapore Exchange, says its books have no record of cheques cut for this purpose
Advanced Systems files police report over former execs’ alleged offences, unauthorised fund transfers
Cheques totalling more than S$1 million were issued from the company’s bank account to its former CEO

Advanced Systems proposes 375-to-1 share consolidation, bonus warrants issue
ADVANCED Systems Automation (ASA), which recently agreed to buy a video-gaming company in a reverse takeover, is looking to consolidate every 375 of its existing ordinary shares into one ordinary shar...

Advanced Systems proposes to buy video game company for S$120m in RTO
ADVANCED Systems Automation has agreed to fully acquire a video gaming company, Excelgames Interactive Asia Holdings, for a base consideration of S$120 million in a transaction that will constitute a ...

ASA unit enters partnership agreement to make steel trailer wheels
CATALIST-LISTED Advanced Systems Automation (ASA) announced on Sunday night that its unit Yumei Technology Sdn Bhd has entered an agreement with Nakareg International Company, in which Yumei will be a...

SGX rejects application from ASA for extension to hold FY18 AGM
THE Singapore Exchange (SGX) has rejected a waiver application from Advanced Systems Automation (ASA) for an extension of time to hold its annual general meeting (AGM) for the financial year ended Dec...

ASTI, Dragon Group and Advanced Systems seek extension to hold fiscal 2018 AGMs by June 29
ASTI Holdings, Dragon Group International (DGI) and Advanced Systems Automation (ASA) have separately applied, to the Singapore Exchange Securities Trading (SGX-ST), for extensions to hold their annua...