ASTI Receives Letter of Demand for Outstanding Payment

MT Newswires09-16

ASTI (SGX:575), a technology company, received a letter of demand from ShookLin & Bok (SLB), according to a Friday filing on the Singapore Exchange.

The letter seeks payment of SG$46,541 for outstanding invoices dated June 15, 2023, Feb. 5 and March 5.

The company is currently evaluating the demand and will obtain legal advice. ASTI stated that the letter and any subsequent legal action are not expected to impact its business operations significantly.

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