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Don Agro International Limited ( (SG:GRQ) ) has issued an update.
Don Agro International Limited has received approval from the Singapore Exchange Securities Trading Limited for waivers allowing the company to utilize its cash and short-dated securities for a refundable deposit related to proposed acquisitions in the Russian medical business sector. This approval also includes permission to use a Russian financial institution as an alternative to the escrow requirements, facilitating continued trading of the company’s shares after transitioning to a cash company, marking a significant step in its strategic acquisition plans.
More about Don Agro International Limited
Don Agro International Limited is a company incorporated in Singapore, focusing on acquisitions in the medical business sector, particularly in Russia.
YTD Price Performance: 0%
Average Trading Volume: 24,285
Technical Sentiment Consensus Rating: Sell
Current Market Cap: S$29.45M
For detailed information about GRQ stock, go to TipRanks’ Stock Analysis page.