DISA Subsidiary Disposes Entire Stake in Icreate Group

MT Newswires

2024/10/23

DISA's (SGX:532) wholly owned subsidiary, Disa Digital Safety, entered into a sale and purchase agreement for the disposal of its entire 1.55% stake in Icreate Group to Scash Technologies Employees for SG$150,000 in cash.

The consideration is payable in 12 equal monthly installments, which started Sept. 1 and will end Aug. 1, 2025, according to a filing with the Singapore Exchange on Tuesday.

The group intends to use the proceeds from the sale for its general working capital requirement.

Price (SGD): S$18573.13, Change: S$+33, Percent Change: +0.18%

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