ASL Agrees to Sell Security Authentication Business and Provide Limited Guarantee

Reuters
01/09
ASL Agrees to Sell Security Authentication Business and Provide Limited Guarantee

Automated Systems Holdings Limited is moving forward with the disposal of its security authentication business. ASL Security, a wholly-owned subsidiary of the company, has entered into a Deed of Guarantee with Great Ally, Hu Lian Kui, and Secure Trust Technologies. Under this arrangement, the guarantors have agreed to provide a several liability guarantee in favor of the buyer to secure certain obligations of i-Sprint Holdings following the completion of the share purchase agreement. The transaction is subject to the fulfillment of specific conditions and may be terminated under certain circumstances.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ASL - Automated Systems Holdings Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260109-11986452), on January 09, 2026, and is solely responsible for the information contained therein.

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