Advanced Systems requests for time extension to hold AGM

Advanced Systems requests for time extension to hold AGM.

ADVANCED Systems Automation said on Thursday that the company is requesting for a further extension of time from the Singapore Exchange to hold its annual general meeting for FY2018 by July 31.

The time extension is sought as the management and the company's external auditor, Ernst & Young LLP, are still in the process of clearing"certain outstanding matters and finalising the accounts". As a result, the group said that it is unable to finalise its financial results for FY2018 on or prior to May 31 and is unable to hold its AGM by May 31.

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