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DISA ( (SG:532) ) has provided an update.
DISA Limited, a Singapore-incorporated company, has reallocated S$615,000 of net proceeds originally earmarked for business growth, acquisition and expansion to general working capital, following a review of its operating environment, cash flow and investment plans. The move, which shifts funds to cover items such as non-trade payables and staff salaries, leaves a total of S$865,000 in net proceeds unutilised and reflects management’s focus on meeting immediate liquidity and operational needs over near-term expansion, with implications for the pace of its growth initiatives and capital deployment strategy.
The most recent analyst rating on (SG:532) stock is a Sell with a S$0.01 price target. To see the full list of analyst forecasts on DISA stock, see the SG:532 Stock Forecast page.
More about DISA
Current Market Cap: S$14.09M
See more data about 532 stock on TipRanks’ Stock Analysis page.