Advanced Systems Automation Limited (SG:WJ9) has released an update.
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Advanced Systems Automation Limited is facing a potential wind-up action as it has received a statutory demand from Telford Service Sdn Bhd to settle an outstanding net debt by 30 July 2024. If the company fails to meet the payment or reach a satisfactory compromise, it could be deemed unable to pay its debts, leading to legal action. Shareholders and potential investors are cautioned to seek professional advice and stay informed on material developments.
For further insights into SG:WJ9 stock, check out TipRanks’ Stock Analysis page.
