Advanced Systems Automation Limited (SG:WJ9) has released an update.
Advanced Systems Automation Limited has fully repaid its debt to Telford Service Sdn Bhd using internal funds, with the aim of resolving the repayment demands amicably. The company believes this settlement, confirmed on July 26, 2024, will not materially impact its financial standing for the year. However, they await confirmation of acceptance from the creditor and advise shareholders and potential investors to exercise caution.
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