DISA to sell 7.58% stake in Advance Digital Healthcare for SGD 1 million

Reuters03-23

DISA to sell 7.58% stake in Advance Digital Healthcare for SGD 1 million

DISA agreed to sell 2,274,000 shares in Advance Digital Healthcare to Meng Fanbing for SGD 1.0 million, representing 7.58% of the unit.
Advance Digital Healthcare agreed to issue 1,726,000 new shares to Meng Fanbing for SGD 1.0 million, representing 5.75% of its issued share capital.
Total consideration for the sale and subscription is SGD 2.0 million.
Following completion, DISA will hold 87.39% of Advance Digital Healthcare and Meng Fanbing will hold 12.61%.
Completion is scheduled for June 2, 2026.

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: PUXPCQ8R69W39YPS) on March 22, 2026, and is solely responsible for the information contained therein.

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