ASTI Holdings

Corporate moves

ASTI CEO Loh Soon Gnee resigns from group without successor; cites personal reasons

SINGAPORE (April 8): Michael Loh Soon Gnee, who has held the position of ASTI Holdings’ CEO since July 2013, has resigned citing “personal reasons” as he moves on to transition his duties within th

M&A

ASTI disposes specific subsidiaries for $90 mil, plus $38 mil in dividends

SINGAPORE (Apr 2): ASTI Holdings is disposing several of its subsidiaries, collectively known as STI Group, to Shanghai Pudong Science and Technology Investment (PDSTI) for $90 million.

ASTI to dispose several subsidiaries for $100 mil

SINGAPORE (Dec 18): ASTI Holdings has entered into a term sheet to dispose of the entire issued and paid-up share capital of several wholly-owned subsidiaries; collectively known as STI Group, to S

ASTI in talks to dispose subsidiaries for treble its market cap

SINGAPORE (Sept 19): Semiconductor equipment manufacturer ASTI Holdings has entered into a non-binding agreement with China Fortune-Tech Capital Co.

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