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Advanced Systems Faces Urgent Debt Repayment
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Advanced Systems Faces Urgent Debt Repayment

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

Advanced Systems Automation Limited has received a demand for full repayment of a significant debt amounting to MYR 1,114,340.40, which must be settled by June 25, 2024. The debt originated from a Deed of Novation related to a former subsidiary and is currently under negotiation for a more favorable repayment plan. Shareholders are advised to exercise caution and seek professional advice when dealing with the company’s securities.

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

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