Advanced Systems Automation, ASTI Extend Date for First Installment of Loan Payment

MT Newswires06-29

Advanced Systems Automation (SGX:WJ9) and ASTI (SGX:575) agreed to extend the deadline for the first installment payment of outstanding loans, according to a Friday filing with the Singapore Exchange.

Under the new terms, Advanced Systems will make a payment of SG$300,000 to ASTI by July 1 and the remaining balance of SG$700,000 by Aug. 1, instead of paying them in full by July 1.

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