DISA reallocates Rights issue proceeds amidst working capital needs

Board shifts $615,000 from expansion allocation.

DISA Limited reallocated $615,000 of net proceeds from its Rights cum Warrants Issue to general working capital on 26 January 2026, following a board review of the group’s operating environment and cash flow, according to a filing.

The reallocation moved funds away from the business growth, acquisition and expansion category to meet current working capital requirements, according to the announcement.

General working capital recorded an unutilised balance of $665,000, while the business growth, acquisition and expansion category recorded an unutilised balance of $200,000, the company reported.

Further utilisation of general working capital totalled $313,000, comprising $275,000 for non-trade payables and $38,000 for staff salaries, according to the disclosed breakdown.

Total net proceeds from the Rights cum Warrants Issue amounted to $3.047m, with $865,000 remaining unutilised as at the announcement date.

The board said it will provide periodic updates as the balance is materially disbursed.

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