Advanced Systems Automation to Defend Statutory Demand from ASTI Holdings

MT Newswires09-17

Advanced Systems Automation (SGX:WJ9) will contest a statutory demand from ASTI Holdings (SGX:575) for an alleged non-payment of SG$396,941 in management fees due by Sept. 16, according to a Monday filing on the Singapore Exchange.

The company said it will take necessary steps to protect its interests and those of its shareholders.

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