ASTI extends ASA payment deadline, receives S$305,000 in settlement instalment
Reuters2026/07/31 09:16- ASTI agreed to extend counterparty ASA’s deadline to complete the remaining S$700,000 first instalment under a settlement.
- Revised schedule: S$300,000 due Aug. 1, 2026; S$400,000 due Sept. 1, 2026; 5.33% simple interest accrues from Aug. 1.
- ASTI received S$305,000 on July 31, 2026, covering the S$300,000 tranche and S$5,000 costs reimbursement.
- ASA must indemnify ASTI for legal costs if a default notice or enforcement or winding-up proceedings are required.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
For the first time in over a year, the open interest share of altcoins has surpassed that of bitcoin.
OPEC+ agrees to keep oil output policy unchanged for October
US military strikes Iranian oil tanker, triggering geopolitical risks as Brent crude nears $97 mark
Following the US military's attack on Iranian oil tankers and Iran's announcement of new restricted navigation zones outside the Strait of Hormuz, market concerns over prolonged disruptions in key energy transport routes have intensified, leading to a sharp rise in international oil prices.
Geopolitical tensions overshadowing production cuts: OPEC+ maintains quotas unchanged, paper adjustments fail to resolve physical supply dilemmas
OPEC+ major oil producers, led by Saudi Arabia and Russia, held a monthly video conference last Sunday and decided to keep the crude oil production quota for October unchanged, continuing the previous tone of stable production following a series of symbolic production increases.
Crypto prices
More
