Singapore Shares End Week in Red Amid Mixed Regional Performance; Advanced Systems Automation Slips 14%

MT Newswires

2025/09/19

Singapore shares closed the week in red, as regional indices ended mixed on Friday, with investors hoping for more interest rate cuts in the future.

The Straits Times Index $(STI)$, a key benchmark for the Singapore Exchange, ranged between 4,298.94 and 4,319.64 throughout the day. It ended the session at 4,302.71, down 9.91 points or 0.23% compared to Thursday's close.

In company news, shares of Advanced Systems Automation $(WJ9.SI)$ slumped over 14% at the close as it received a letter of demand from ASTI $(575.SI)$ for payments for corporate services and from a loan agreement.

Zixin $(42W.SI)$ was down over 3% as it agreed to grant an option to subscribe to up to 889,000,000 shares to investors in the company at an exercise price of SG$0.030 per share for a consideration of SG$1.

Meanwhile, shares of Boustead Singapore $(F9D.SI)$ were down over 1% after it agreed to divest various interests in certain Singapore logistics and industrial assets ahead of the proposed listing of UI Boustead REIT.

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It ended the session at 4,302.71, down 9.91 points or 0.23% compared to Thursday&#39;s close.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c705854b7ff4f3ff7eb927f19fb0a863\" tg-width=\"297\" tg-height=\"656\"/></p><p>In company news, shares of Advanced Systems Automation <a href=\"https://laohu8.com/S/WJ9.SI\">$(WJ9.SI)$</a> slumped over 14% at the close as it received a letter of demand from ASTI <a href=\"https://laohu8.com/S/575.SI\">$(575.SI)$</a> for payments for corporate services and from a loan agreement.</p><p>Zixin <a href=\"https://laohu8.com/S/42W.SI\">$(42W.SI)$</a> was down over 3% as it agreed to grant an option to subscribe to up to 889,000,000 shares to investors in the company at an exercise price of SG$0.030 per share for a consideration of SG$1.</p><p>Meanwhile, shares of <a href=\"https://laohu8.com/S/BSTGF\">Boustead Singapore</a> <a href=\"https://laohu8.com/S/F9D.SI\">$(F9D.SI)$</a> were down over 1% after it agreed to divest various interests in certain Singapore logistics and industrial assets ahead of the proposed listing of UI Boustead REIT.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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It ended the session at 4,302.71, down 9.91 points or 0.23% compared to Thursday&#39;s close.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c705854b7ff4f3ff7eb927f19fb0a863\" tg-width=\"297\" tg-height=\"656\"/></p><p>In company news, shares of Advanced Systems Automation <a href=\"https://laohu8.com/S/WJ9.SI\">$(WJ9.SI)$</a> slumped over 14% at the close as it received a letter of demand from ASTI <a href=\"https://laohu8.com/S/575.SI\">$(575.SI)$</a> for payments for corporate services and from a loan agreement.</p><p>Zixin <a href=\"https://laohu8.com/S/42W.SI\">$(42W.SI)$</a> was down over 3% as it agreed to grant an option to subscribe to up to 889,000,000 shares to investors in the company at an exercise price of SG$0.030 per share for a consideration of SG$1.</p><p>Meanwhile, shares of <a href=\"https://laohu8.com/S/BSTGF\">Boustead Singapore</a> <a href=\"https://laohu8.com/S/F9D.SI\">$(F9D.SI)$</a> were down over 1% after it agreed to divest various interests in certain Singapore logistics and industrial assets ahead of the proposed listing of UI Boustead REIT.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"42W.SI","symbol_name":"紫心集团控股有限公司","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2568251514","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2568251514","pubTimestamp":1758274862,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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