Advanced Systems Automation’s Rights Issue Oversubscribed

Advanced Systems Automation Limited (SG:WJ9) has released an update.

Pick the best stocks and maximize your portfolio:

Advanced Systems Automation Limited successfully concluded its rights cum warrants issue, receiving overwhelming interest with a total subscription of 191.17% for the available shares. The offering included 981 million shares and was met with valid acceptances and excess applications, showcasing strong investor confidence in the company. This significant oversubscription highlights the robust demand for participation in the company’s growth trajectory.

For further insights into SG:WJ9 stock, check out TipRanks’ Stock Analysis page.

Trending Articles

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.