ASTI ends 42-month trading freeze after SGX approval
The company warns investors to review disclosures as trading resumes 22 January.
ASTI Holdings Limited will resume trading of its shares after the Singapore Exchange approved the company’s application to lift the suspension, according to a filing.
The company will be able to trade its shares again at the Singapore Exchange at 9 a.m. on 22 January 2026.
The company has been suspended since 5 July 2022, after the company received a delisting notification for failing to meet SGX exit criteria linked to market capitalisation and financial performance.
The suspension followed a period of weak results and regulatory compliance issues, including delays in holding annual general meetings and governance shortcomings.
ASTI has also undergone management and board changes in recent years, with a reconstituted board taking control in early 2024 as part of efforts to stabilise operations and meet regulatory requirements.
The company said it has since completed the conditions set by SGX for the resumption of trading.
ASTI advised investors to review its public disclosures before trading resumes.