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A-Sonic Aerospace receives go-ahead to exit SGX Watch-list

The Edge Singapore
The Edge Singapore • 1 min read
A-Sonic Aerospace receives go-ahead to exit SGX Watch-list
The company's cash of $53.265 million exceeds its market cap of $47 million
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A-Sonic Aerospace has received the go-ahead from the Singapore Exchange to exit the Watch-list, just over five years after it was included.

The removal will take effect on June 30.

The company, which is in both aviation and logistics, notes that its financial position has improved significantly.

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