Asian Micro Holdings Receives Approval for Debt Capitalisation and Employee Bonus Shares
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Asian Micro Holdings Limited (SG:585) has received approval from the Singapore Exchange for debt capitalisation and employee bonus shares, pending shareholder approval. This move may align with future asset acquisitions, potentially classified as a substantial acquisition or reverse takeover, influencing the company's strategic positioning and shareholder value. The company, incorporated in Singapore, operates various business activities with a current market cap of S$6.86M.
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