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ASTI extends ASA payment deadline, receives S$305,000 in settlement instalment

PUBT·07/31/2026 09:16:02
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ASTI extends ASA payment deadline, receives S$305,000 in settlement instalment
  • ASTI agreed to extend counterparty ASA’s deadline to complete the remaining S$700,000 first instalment under a settlement.
  • Revised schedule: S$300,000 due Aug. 1, 2026; S$400,000 due Sept. 1, 2026; 5.33% simple interest accrues from Aug. 1.
  • ASTI received S$305,000 on July 31, 2026, covering the S$300,000 tranche and S$5,000 costs reimbursement.
  • ASA must indemnify ASTI for legal costs if a default notice or enforcement or winding-up proceedings are required.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ASTI Holdings Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 62H579BBEL20EJJS) on July 31, 2026, and is solely responsible for the information contained therein.