ASTI Gets Two-Month Extension to Hold Fiscal Year 2024 AGM
ASTI Holdings has received a two-month extension from SGX Regulation to hold its fiscal year 2024 annual general meeting, now scheduled by June 30. The company initially requested an extension until August 15 but was granted a shorter period with conditions, including the confirmation of no undisclosed material information. ASTI has confirmed compliance with SGX conditions and has also applied to ACRA for an extension, promising to update shareholders on the decision.
ASTI Holdings said SGX Regulation has no objection to its request of more time to hold its annual general meeting for the year ended December 2024, allowing the meeting to take place by June 30, according to a Monday filing on the Singapore Exchange.
The company had asked for an extension to Aug. 15 but was granted a shorter window, subject to several conditions.
These include confirming no material information remains undisclosed and that the waiver does not breach any laws or the firm's constitution.
ASTI said it considers the SGX conditions met following its confirmation to the exchange on April 14. It has also applied to Singapore's corporate regulator ACRA for an extension and will update shareholders once a decision is made.
