ASL unit sells i-Sprint stake back to i-Sprint Holdings for US$24.98 million

  • ASL unit ASL Security exited its 35.42% stake in i-Sprint Holdings via a buyback for US$24.98 million, completed March 12, 2026.
  • The cash return followed i-Sprint Holdings’ sale of its security authentication subsidiaries to Secure Trust Technologies for US$87.94 million.
  • ASL Security provided a several-liability seller guarantee tied to that disposal, capped at US$34.47 million.
  • ASL expects an unaudited gain of about US$20.6 million from the buyback, based on a US$4.4 million carrying value at Dec. 31, 2025.
  • Net proceeds are earmarked for working capital and regional business development; ASL no longer holds 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 regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260528-12174357), on May 28, 2026, and is solely responsible for the information contained therein.