DISA (SGX:532) decided to shelve plans for a proposed share consolidation activity, according to a Friday filing on the Singapore Exchange.
The board has decided in light of prevailing market conditions and an ongoing fundraising exercise.
However, the company will seek shareholders' approval again at an appropriate time.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.