The group says that these two years were used for a “restructuring exercise including the definitive resolution of regulatory compliance issues by its board and management”.
ASTI Holdings has completed its placement exercise of 128 million new ordinary shares at 2.5 cents per share, raising gross proceeds of $3.2 million.
At the same time, the company has announced the resumption of its trading on Jan 22, 9am, after two years of trading suspension.
