GS Holdings seals Dyspatchr deal with 36.53-million share issuance

This makes Dyspatchr a wholly-owned subsidiary of the company.

GS Holdings Limited has completed its acquisition of Dyspatchr Pte. Ltd., which has become a wholly-owned subsidiary, after issuing 36.53 million new shares as consideration and retention bonuses, the company said in a press release.

The company issued 35.37 million consideration shares to vendors and 1.16 million retention bonus shares to key personnel, each at an issue price of $0.0431 per share on 5 March 2026.

Following the issuance, GS Holdings’ total issued shares increased to 1.07 billion shares from 1.04 billion shares previously.

The new shares are expected to begin trading on the Catalist board of the Singapore Exchange at 9 a.m. on 9 March 2026.

The acquisition was completed after all conditions precedent were fulfilled and the consideration and retention bonus shares were issued, the company said.

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