ASTI Holdings Limited Announces Termination of Voluntary Offer by Advanced Systems Automation Limited

Key Points:

• ASTI Holdings Limited (“ASTI” or “the Company”) has officially announced the termination of a pre-conditional voluntary offer by Advanced Systems Automation Limited (“ASA”) for the shares of ASTI.
• This follows prior announcements made by ASTI on 14 January 2026 and 28 January 2026 regarding ASA’s intention to make an offer for ASTI shares.
• ASA publicly announced the termination of the offer on 19 February 2026, and ASTI has attached ASA’s announcement for shareholders’ reference.

Details and Implications:

• Termination of Offer: ASA’s decision to terminate its offer for ASTI shares means that shareholders will not see a takeover or acquisition event by ASA as previously contemplated. This removes the possibility of a change in control or premium offer for their shares in the immediate future.
• Potential Price Sensitivity: The cancellation of a voluntary offer can be a material event for investors, as such offers often lead to significant price movements. Investors who were anticipating a premium from the offer may see a reversal in share price momentum. This development is likely to be price-sensitive and should be closely monitored.
• Responsibility Statement: The Board has confirmed that all information presented (excluding ASA’s own announcements) is fair and accurate, and that all reasonable care has been taken to avoid misleading statements. Any information extracted from public sources has been verified for accuracy.
• Corporate Governance: The announcement is signed off by Mr. Ng Yew Nam, Executive Chairman and CEO, indicating direct leadership involvement and a high level of corporate responsibility.

What Shareholders Need to Know:

• Impact on Investment Decisions: Shareholders should note that the terminated offer may affect both the short-term and long-term value of ASTI shares. The absence of a takeover premium may result in a reversion to normal trading levels unless other corporate actions arise.
• No Immediate Acquisition: There are no ongoing discussions or offers for ASTI shares by ASA or any other party as of the date of announcement.
• Transparency: The Board has reiterated its commitment to accurate and transparent communication with shareholders.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors are advised to perform their own due diligence or consult a financial advisor before making investment decisions. The information provided is based on official company announcements and may be subject to change.

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