• Advanced Systems Automation paid S$ 42,000 in court-ordered security for costs on October 28, 2026, in litigation against Zico Capital.
• Singapore’s High Court ordered the payment on October 14, 2026, following Zico Capital’s application for security for costs.
• The company filed its lawsuit on July 22, 2026, disputing Zico Capital’s claims for payments allegedly due under engagement agreements.
• The board considers the payment manageable relative to working capital needs, with no systemic risk to operating cash flows.

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. ASA - Advanced Systems Automation Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: T0HCN9SID5Z34WCJ) on October 29, 2026, and is solely responsible for the information contained therein.