Advanced Systems Completes Strategic Share Conversion
Company Announcements

Advanced Systems Completes Strategic Share Conversion

Advanced Systems Automation Limited (SG:WJ9) has released an update.

Advanced Systems Automation Limited has successfully issued 23,474,178 new shares following the conversion of S$500,000 worth of T1 Notes by Advance Opportunities Fund I. This conversion, part of the broader Proposed RCN Issuance strategy, was executed at a price of S$0.0213 per share, a rate based on a discounted average of closing prices over a specified period.

For further insights into SG:WJ9 stock, check out TipRanks’ Stock Analysis page.

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