DISA ends S$5 million convertible bond placement plan after terminating UOB Kay Hian mandate

Reuters2026/07/27 09:59

By:Reuters

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DISA terminated its placement agent appointment for a proposed placement of unlisted, transferable convertible bonds worth up to S$ 5 million.
The termination took effect on July 27, 2026, following talks on definitive terms amid prevailing market conditions.
The company will not proceed with the proposed convertible bond placement.
It is evaluating alternative fundraising options to support subsidiary operating costs, working capital needs, financial position, capital base.

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. DISA Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: B41SN7Q4RHX6P24G) on July 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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DISA ends S$5 million convertible bond placement plan after terminating UOB Kay Hian mandate

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