asti holdings

Asti Holdings’ board steps down, appoints 2 new directors

ASTI Holdings announced in a filing on Monday (Jan 15) night that its current board of directors and acting chief executive officer have stepped down, while two new directors have been appointed.

The semiconductor company reveals its chairman stepdown after the announcement of adjourned AGM.

Asti chairman steps down amid ‘uncertainty’

SEMICONDUCTOR company Asti Holdings’ non-executive chairman and director Dr Kriengsak Chareonwongsak has resigned with effect from Monday (Jan 8).

Asti says a fresh notice of meeting for the adjourned AGM will be issued shortly to shareholders.

Asti to hold adjourned FY2021 AGM on Feb 1

ASTI Holding’s annual general meeting (AGM) for its 2021 financial year will take place in February, the semiconductor company said in a bourse filing on Tuesday (Jan 9).

Asti will reconvene the adjourned FY2021 AGM after a decision made by the Singapore High Court deemed the EGM called on Aug 22, 2023 by the company’s dissenting shareholders, to be invalid.

Asti to reconvene adjourned FY2021 AGM ‘as soon as practicable’ 

BELEAGUERED semiconductor company Asti Holdings will reconvene the long-delayed annual general meeting (AGM) for its 2021 financial year in “the next few weeks”, it said in a bourse filing on Monday (...

Although notice for the extraordinary general meeting was validly served, the court says the meeting was not properly conducted.

Court rules Asti’s EGM invalid; requisitioners fail to unseat board

THE Singapore High Court has deemed the extraordinary general meeting (EGM) called on Aug 22 by Asti Holdings’ dissenting shareholders to be invalid. It also dismissed an application filed by the requ...

Asti says it was unable to produce its audited financial statement for FY2022 by the deadline of Sep 30 because it does not have an appointed auditor.

Asti loses offer after missing deadline to submit audited financial statement

WATCH-LISTED semiconductor company Asti Holdings said on Wednesday (Oct 25) that its potential offerer and potential offerer consortium will no longer be pursuing an acquisition of the company.

Shareholders voted on only two resolutions at the AGM, is in view of ongoing legal applications by dissenting shareholders.

Asti’s shareholders adopt FY2021 results but reject appointing RT as auditor

SHAREHOLDERS of Asti Holdings approved the adoption of the semiconductor company’s FY2021 audited financial statements at its annual general meeting (AGM) on Thursday (Aug 31), but voted against the a...

The semiconductor company’s AGM will take place on Thursday (Aug 31) at 2 pm.

Asti AGM to proceed with two resolutions instead of eight

ASTI’S contentious annual general meeting (AGM) will continue as planned with two resolutions instead of the original eight, the company said late on Wednesday (Aug 30).

Asti's shareholders seek to restrain its five directors from convening or holding its FY2021 AGM.

Asti shareholders file application to restrain board from holding AGM

SHAREHOLDERS of Asti Holdings have filed an application to restrain all five of Asti’s directors from convening or holding the long-awaited FY2021 annual general meeting (AGM).

The requisitioning shareholders should not attempt to exacerbate the delay or hamper the company when it is fulfilling its statutory obligations,” Asti says.

Asti says AGM cannot be postponed as delay puts potential exit offer at risk

SEMICONDUCTOR company Asti Holdings said that its upcoming annual general meeting (AGM) must proceed as planned on Aug 31 to “satisfy the requirements of Singapore law”, and any delays may jeopardise ...