DLF Holdings to call EGM to seek shareholders' nod to expand into blockchain
Singapore
CATALIST-LISTED DLF Holdings on Tuesday announced after trading hours that it is convening an extraordinary general meeting (EGM) to seek shareholders' approval for its plan to diversify into a new business area that will alter its existing risk profile.
The existing core business of the group is the provision of mechanical and electrical services and solutions, but the group intends to expand into blockchain agency and related businesses.
To reflect this shift, it intends to change its name to "OIO Holdings L…
GET BT IN YOUR INBOX DAILY
Start and end each day with the latest news stories and analyses delivered straight to your inbox.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Lululemon to shutter Washington distribution center, lay off 128 employees
Wall Street bonus rules return to regulatory agenda in third try
Honda to invest US$808 million in Brazil by 2030
US: Nasdaq, S&P tumble as Netflix, chip stocks drag
Europe: L’Oreal gains cap third week of declines
Telegram messaging service to allow Tether stablecoin payments