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ASTI Holdings Addresses Financial Reporting Challenges Amidst Board Transition

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ASTI Holdings Addresses Financial Reporting Challenges Amidst Board Transition

ASTI Holdings Limited ( (SG:575) ) has shared an announcement.

ASTI Holdings Limited’s Board of Directors addressed questions from the Securities Investors Association (Singapore) regarding their FY2023 Annual Report. The company has faced significant challenges in financial reporting due to delays in holding annual general meetings and appointing auditors. The current Board, appointed in January 2024, has since made progress by completing audits for FY2021 and FY2022, appointing new auditors, and scheduling the AGM for FY2023. The unaudited results for FY2024 are expected to be released by the end of February 2025.

More about ASTI Holdings Limited

ASTI Holdings Limited, incorporated in Singapore, operates within the technology sector, focusing on providing semiconductor solutions and services. The company, along with its subsidiaries, serves a global market with a range of semiconductor-related products and services.

Current Market Cap: S$9.17M

For a thorough assessment of 575 stock, go to TipRanks’ Stock Analysis page.

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