2943124 - After upgrading all processes has stopped, several errors reported in errorlog - SAP ASE

After an upgrade to ASE 16.0.03.08 all processing has stopped, seeing the following errors in ASE errorlog:

• Error: 9947, Severity: 17, State: 15
  An attempt to allocate memory failed due to insufficient ASE memory.
• Error: 7401, Severity: 17, State: 5
  Could not allocate memory for the threshold task's argument list; threshold task cannot be spawned for database 10, segment 2, free space 4096.
• Error: 712, Severity: 17, State: 1
  There is insufficient heap memory to allocate 5896 bytes. Please increase configuration parameter 'heap memory per user' or try again when there is less activity on the system.

SAP Adaptive Server Enterprise (ASE) 16.0

712, 7401, 9947, heap memory, allocate memory failed, hang, hung , KBA , BC-SYB-ASE , Sybase ASE Database Platform (non Business Suite) , Bug Filed