Advanced Systems Automation Extends Deadline for Major Debt-to-Equity Swap
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Advanced Systems Automation Limited announced a second supplemental agreement with Advance Opportunities Fund I to amend its debt-to-equity swap terms. The deal involves issuing 555,555,555 new shares at S$0.0036 each. Crucially, the deadline for fulfilling conditions precedent has been extended from June 30, 2026, to August 15, 2026. This extension signals ongoing commitment to capital restructuring and balance sheet strengthening.
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