ASL Plans Full Exit from i-Sprint Holdings with Proposed Share Repurchase

Reuters
Jan 16
ASL Plans Full Exit from i-Sprint Holdings with Proposed Share Repurchase

Automated Systems Holdings Limited provided an update regarding its disposal of the security authentication business. Following the completion of the i-Sprint Transaction, ASL Security will retain a 35.42% equity interest in i-Sprint Holdings, which will remain an associate of the company. The proceeds from the transaction are intended to finance the repurchase of ASL Security’s entire equity interest in i-Sprint Holdings. ASL Security and i-Sprint Holdings have preliminarily agreed on this share repurchase, with formal agreements expected to be signed in the first quarter of 2026. Upon completion, the group will no longer hold any shares in i-Sprint Holdings.

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-20260116-11994123), on January 16, 2026, and is solely responsible for the information contained therein.

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