DISA Plans to Dispose of 7.58% Equity in ADH and Introduce a Third Party to Subscribe for New Shares

NewTimeSpace News: On March 23, 2026, DISA announced that it, together with its subsidiary ADH, entered into a tripartite agreement with Mr. Meng Fanbing on March 20, which mainly involves two transactions: first, DISA will sell 2,274,000 ordinary shares in ADH to Mr. Meng Fanbing for a consideration of S$1 million; second, ADH will allot and issue 1,726,000 new shares to Mr. Meng Fanbing for the same consideration of S$1 million, bringing the total consideration for the two transactions to S$2 million.

DISA stated that the transaction is intended to unlock the value of its investment in ADH and strengthen the company's cash position. At the same time, the capital injection into ADH through the new share subscription will support its business expansion, which is in line with the company's strategic layout in the healthcare sector.

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