Summary:

• Advanced Systems Automation (ASA) has announced a pre-conditional voluntary general offer to acquire all ordinary shares of ASTI Holdings Limited.

• The offer is subject to several pre-conditions, including regulatory and shareholder approvals, before it can become a formal unconditional offer.

• ASTI, which has been suspended from trading and faces delisting risks, is being targeted under ASA’s broader strategic and Chapter 10 transaction framework, with full details set out in the SGX filing attachment.

Link:

• https://links.sgx.com/1.0.0/corporate-announcements/B1LYYYWAR5MG1R6L/ff26075944885f5fc95518e7b6f44d4c4d69ebbadb50e8be8e4985f774b1bafe