Advanced Systems Automation Receives Loan Demand Letter from Telford Services

MT Newswires

Jun 20, 2024

Advanced Systems Automation (SGX:5TY) received a letter of demand from Telford Services over an outstanding debt owed to the creditor by the company of about 1.1 million ringgit, according to a filing with the Singapore Exchange on Wednesday.

The creditor has given a deadline of June 25 for the full payment of the loan while the company has started taking measures to negotiate a more favorable repayment plan.

The debt was acquired following the disposal of its former 90% owned subsidiary, ASA Multiplate.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.gotigerhk.com/news/2444123729"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2444123729\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2444123729?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-06-20 10:51","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2444123729","market":"sg","top_or_hot":-1,"title":"Advanced Systems Automation Receives Loan Demand Letter from Telford Services","media":"MT Newswires","content":"<html><body><p> Advanced Systems Automation (SGX:5TY) received a letter of demand from Telford Services over an outstanding debt owed to the creditor by the company of about 1.1 million ringgit, according to a filing with the Singapore Exchange on Wednesday. </p><p>The creditor has given a deadline of June 25 for the full payment of the loan while the company has started taking measures to negotiate a more favorable repayment plan. </p><p>The debt was acquired following the disposal of its former 90% owned subsidiary, ASA Multiplate. </p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Advanced Systems Automation Receives Loan Demand Letter from Telford Services</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAdvanced Systems Automation Receives Loan Demand Letter from Telford Services\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1060499803\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires </p>\n<p class=\"h-time\">2024-06-20 10:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Advanced Systems Automation (SGX:5TY) received a letter of demand from Telford Services over an outstanding debt owed to the creditor by the company of about 1.1 million ringgit, according to a filing with the Singapore Exchange on Wednesday. </p><p>The creditor has given a deadline of June 25 for the full payment of the loan while the company has started taking measures to negotiate a more favorable repayment plan. </p><p>The debt was acquired following the disposal of its former 90% owned subsidiary, ASA Multiplate. </p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6515","symbol_name":"技术设备股","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2444123729","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2444123729","pubTimestamp":1718851891,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1060499803","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Advanced Systems Automation  received a letter of demand from Telford Services over an outstanding debt owed to the creditor by the company of about 1.1 million ringgit, according to a filing with the Singapore Exchange on Wednesday. The creditor has given a deadline of June 25 for the full payment of the loan while the company has started taking measures to negotiate a more favorable repayment plan. The debt was acquired following the disposal of its former 90% owned subsidiary, ASA Multiplate.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6515":"技术设备股","BLZ.SI":"爱文思控股","BK6522":"化石燃料股","5TY.SI":"卓越自动系统","BK6063":"半导体设备","BK6088":"石油天然气设备与服务"},"translate_title":"Advanced Systems Automation收到德福服务公司的贷款需求信","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BLZ.SI":1,"5TY.SI":0.9},"content_text":"Advanced Systems Automation (SGX:5TY) received a letter of demand from Telford Services over an outstanding debt owed to the creditor by the company of about 1.1 million ringgit, according to a filing with the Singapore Exchange on Wednesday. The creditor has given a deadline of June 25 for the full payment of the loan while the company has started taking measures to negotiate a more favorable repayment plan. The debt was acquired following the disposal of its former 90% owned subsidiary, ASA Multiplate.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}