ASTI to resume trading on SGX on 22 Jan with S$16.6m cash, zero debt after two‑year restructuring
Summary:
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ASTI Holdings’ trading suspension, in place since July 2022, will be lifted, with shares resuming trading on SGX at 9:00 a.m. Singapore time on 22 January 2026 following completion of a two‑year restructuring and regulatory clean‑up.
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The group now has a strengthened balance sheet with S$16.6 million in cash and cash equivalents, positive working capital of S$22.3 million and no bank borrowings as at 30 September 2025, giving it greater financial flexibility.
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A recent private placement of 128 million new shares at S$0.025 raised S$3.2 million, earmarked for business expansion in tape‑and‑reel services, R&D to improve equipment yields and margins, and working capital including talent hiring for new initiatives.
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Management positions ASTI as ready to capitalise on the recovery in the semiconductor sector, leveraging expanded complementary services and ongoing R&D to drive long‑term, sustainable growth.