ASTI Holdings Limited Completes S\$3.2 Million Share Placement: Key Details for Investors

Overview of the Placement

ASTI Holdings Limited, a Singapore-incorporated company, has officially completed its proposed placement of up to 128,000,000 new ordinary shares in the capital of the company. The placement was carried out at a price of S\$0.025 per share, amounting to a total consideration of S\$3,200,000.

Key Highlights

• Completion of Placement: All 128,000,000 new shares have been allotted and issued to end-placees, marking the full completion of the placement.
• Increase in Share Capital: The company’s total issued and paid-up share capital has increased substantially, rising from 654,731,486 shares to 782,731,486 shares. This represents a significant expansion of nearly 20% in the number of shares outstanding.
• Listing Date: The newly issued placement shares are expected to begin trading and be quoted on the Main Board of the Singapore Exchange (SGX-ST) from 9:00 a.m. on 22 January 2026.
• Share Characteristics: These placement shares have been issued free from all claims, pledges, mortgages, charges, liens, and encumbrances. They rank pari passu with existing ordinary shares, except for any dividends, rights, allotments, or other distributions where the record date falls on or before the allotment and issue date.

Important Considerations for Shareholders

• Potential Share Price Impact: The substantial increase in share capital could result in dilution of existing shareholders’ equity. Investors should consider that earnings per share and voting power may be affected due to the expanded share base.
• Placement Price and Market Implications: The placement price was set at S\$0.025 per share, which may signal the company’s current valuation and could influence market perception and trading activity when the shares are listed. If the placement price is significantly different from the prevailing market price, it may affect short-term share price movements.
• No Immediate Dividend Entitlement: The placement shares will not be entitled to any dividends, rights, or other distributions where the record date is on or before the issue date. Investors acquiring these shares should factor this into their expectations for near-term returns.
• Liquidity and Trading: The larger number of shares outstanding may improve liquidity, potentially making the stock more attractive to institutional and retail investors.
• Strategic Implications: The S\$3.2 million raised could strengthen ASTI Holdings’ balance sheet, fund expansion, or provide working capital, potentially supporting future growth and strategic initiatives.

Leadership Statement

The announcement was made by Mr. Ng Yew Nam, Executive Chairman and CEO of ASTI Holdings Limited, affirming the successful completion and upcoming trading of the new shares.

Investor Actions

• Shareholders should closely monitor the share price and trading volumes following the listing of placement shares.
• Evaluate the potential dilution effect and reassess portfolio exposure to ASTI Holdings Limited.
• Stay alert for further announcements regarding the use of proceeds from the share placement.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence or consult professional advisors before making investment decisions regarding ASTI Holdings Limited. The information provided is based on company announcements as of 21 January 2026.

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