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Don Agro International Limited Skips 2024 Sustainability Report Amid Asset Restructuring

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Don Agro International Limited ( (SG:GRQ) ) has shared an announcement.

Don Agro International Limited announced it will not issue a sustainability report for the financial year ending December 2024, as its assets now consist mainly of cash or short-dated securities after completing significant disposals. The company has been classified as a cash company under SGX-ST rules and is in the process of acquiring a new business to meet listing requirements, making the sustainability report irrelevant at this stage.

More about Don Agro International Limited

Don Agro International Limited is a company incorporated in Singapore, primarily involved in agriculture and related industries. The company, along with its subsidiaries, focuses on managing assets and investments, particularly in cash or short-dated securities following recent disposals.

YTD Price Performance: -27.50%

Average Trading Volume: 27,333

Technical Sentiment Signal: Strong Buy

Current Market Cap: S$21.79M

For an in-depth examination of GRQ stock, go to TipRanks’ Stock Analysis page.

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