Asian Micro Holdings Announces Debt Capitalisation and Employee Bonus Shares
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Asian Micro Holdings Limited has announced a debt capitalisation agreement with ACI Industries, converting debts into 945,622,000 new ordinary shares at S$0.0010 per share. This initiative aims to strengthen the company's financial position and reward employees with bonus shares, enhancing stakeholder confidence and aligning employee interests with company performance. The company operates in the industrial sector, focusing on micro contamination control and cleanroom products.
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