
Davis Commodities Limited Announces Extraordinary General Meeting to Consider Key Proposals
SINGAPORE, June 11, 2025 (GLOBE NEWSWIRE) -- Davis Commodities Limited (NASDAQ: DTCK) (the 'Company' or 'Davis Commodities') announced on June 11, 2025, that it will hold an Extraordinary General Meeting of Shareholders (the 'EGM') on June 23, 2025, at 2:00 p.m. Singapore Time. The meeting will take place at the Genting Ballroom 3, Level 1, Genting Hotel Jurong, 2 Town Hall Link, Singapore. The EGM aims to review and vote on several critical proposals that could significantly impact on the company's capital structure and governance framework.
Key Items on the Agenda:
The company's Board of Directors has unanimously approved and recommended that shareholders vote in favor of all the proposals, emphasizing that they align with the best interests of the company and its shareholders.
Meeting Participation and Document Access
The record date for determining shareholder eligibility to attend and vote at the EGM is May 12, 2025. Shareholders of record as of the close of business on that date can either attend the meeting in person or appoint a proxy to vote on their behalf.
For detailed information about the EGM, including the complete Notice of Meeting, Proxy Form, and the draft of the amended memorandum and articles of association, shareholders are encouraged to visit the Company's website or review the corresponding Form 6-K. These documents have been made available online starting June 11, 2025.
Company Statement
Davis Commodities Limited considers this EGM a significant step in the company's growth journey. Through shareholder support, the company aims to implement structural changes that will drive sustainable growth and enhance shareholder value.
For more information, please visit the Company's website: ir.daviscl.com.
For further inquiries, please contact: Davis Commodities Limited Investor Relations Department Email: [email protected] Celestia Investor Relations Dave Leung Email: [email protected]
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
24 minutes ago
- Yahoo
Rocket Lab Stock Soars Ahead of High-Stakes Launch
Rocket Lab (NASDAQ:RKLB) shares climbed about 6% on Friday, boosted by optimism around its upcoming mission and strong contract momentum. Warning! GuruFocus has detected 7 Warning Signs with MSTR. The company plans to launch its next Electron rocket, dubbed Symphony In The Stars, on June 20 from its New Zealand site. The flight is one of two missions awarded by a private commercial client, adding to confidence in Rocket Lab's ability to secure repeat business on accelerated timelines. Market watchers often view timely launch execution as a sign of operational strength. Rocket Lab's growing cadence of missions has helped build investor confidence, particularly among retail traders, who tend to rally around launches with the potential to support future revenue streams. Analysts have pointed to the company's financial performance as another driver of sentiment. For the first quarter of 2025, Rocket Lab reported revenue of around $122.6 million, marking a year-over-year increase of more than 30%. Though the firm remains in investment mode, investors are focusing on top-line growth and expansion into adjacent offerings such as spacecraft components and orbital services. Technical indicators ahead of the launch may have contributed to the rally, alongside a broader uptick in space-related stocks. The small-satellite launch sector continues to attract interest from both government and commercial players, with Rocket Lab seen as one of the more active names in the segment. Shares were last up around 6% in afternoon trading, tracking toward their highest level in over a month. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Analyst Confidence Grows as Semtech (SMTC) Expands IoT Footprint
Semtech Corporation (NASDAQ:SMTC) is one of the 11 Best Tech Stocks to Buy On the Dip. On May 28, Analyst Christopher Rolland of Susquehanna reiterated a Buy rating on Semtech Corporation (NASDAQ:SMTC) with a price target of $60. The rating comes after the company released its fiscal first-quarter results for 2026. The company reported net sales of $251.1 million, reflecting a 22% year-over-year increase. The analyst noted that the company has demonstrated resilience with its core products FiberEdge and TriEdge by filling the gap caused by a temporary slowdown in its CopperEdge product line. This product diversification supports ongoing growth, with new applications expected to ramp up in the latter half of the year. Moreover, Semtech Corporation (NASDAQ:SMTC)'s LoRa technology, which is central to its IoT strategy, has exceeded expectations. The company is actively pursuing new opportunities in the expanding IoT sector, noted Christopher Rolland. Despite short-term challenges such as the NVIDIA ACC disappointment, the company remains focused on reducing debt and investing in research and development. A technician looking at a circuit board of analog semiconductor products. Semtech Corporation (NASDAQ:SMTC) is a high-performance semiconductor company that provides advanced technology solutions. It operates through three main areas including Signal Integrity, Analog Mixed Signal and Wireless, and IoT Systems and Connectivity. While we acknowledge the potential of SMTC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Business Wire
an hour ago
- Business Wire
Comtech Rejoins iCERT, Deepening Commitment to Public Safety Innovation
CHANDLER, Ariz.--(BUSINESS WIRE)--Jun. 20, 2025-- Comtech Telecommunications Corp. (NASDAQ: CMTL) ('Comtech' or the 'Company'), a global communications technology leader, today announced that its Terrestrial & Wireless Networks ('T&W') business segment has rejoined the Industry Council for Emergency Response Technologies, Inc. ('iCERT'). Founded in 2005, iCERT is a commercial sector trade association that brings together leading technology companies to drive innovation, shape effective policy, and promote open standards that improve public safety and emergency response. This return to iCERT is part of a series of strategic moves by the T&W business segment, including the launch of Allerium Mira - a cloud-native call handling platform designed to simplify complexity and support evolving 9-1-1 needs. Together, these efforts reflect a renewed commitment to public safety and essential service providers, backed by the same trusted team, proven solutions, and industry-wide support. 'We're excited to collaborate with iCERT as it expands its focus on key issues and innovations in emergency communications,' said Susan Ornstein, Senior Director of Legal & Regulatory Affairs of Comtech T&W, who joined the association's board of directors earlier this month. 'Under its new leadership, iCERT is amplifying the voice of its members on public policy issues and engaging partner associations like NASNA, NENA, and APCO to advance shared priorities across the public safety community. Together with iCERT, Comtech is well positioned to address pressing public safety and regulatory matters, and advocate for federal funding, legislation, and FCC policy updates.' 'Few organizations have meant as much to me throughout my career as iCERT,' said Jeff Robertson, President of Comtech T&W. 'Twenty years ago, I worked alongside two industry visionaries to establish this organization with the shared goal of fostering collaboration between the public and private sectors. I was privileged to serve as iCERT's inaugural executive director and have remained a strong advocate of its mission throughout my career. Seeing our company rejoin the iCERT community is especially meaningful. Comtech is committed to delivering results that help communities become safer, more connected, and resilient, and iCERT is a vital partner in advancing that work.' 'iCERT stands committed to propelling public safety forward, facilitating collaboration among its member base and industry stakeholders, and creating an environment that fosters innovation and progress,' said Don Brittingham, Interim Executive Director of iCERT. 'Members like Comtech play a vital role in strengthening the organization's depth and breadth of experience across the full public safety call flow. I am excited to welcome Jeff Robertson and his team back to iCERT and look forward to empowering public safety together.' About Comtech Comtech Telecommunications Corp. is a leading provider of satellite and space communications technologies; terrestrial and wireless network solutions; Next Generation 9-1-1 (NG9-1-1) and emergency services; and cloud native capabilities to commercial and government customers around the world. Through its culture of innovation and employee empowerment, Comtech leverages its global presence and decades of technology leadership and experience to create some of the world's most innovative solutions for mission-critical communications. For more information, please visit About iCERT iCERT—The Industry Council for Emergency Response Technologies—is the only industry trade association focused exclusively on emergency response technologies and related equipment, systems, and services. iCERT is dedicated to improving public safety through innovation. For more information, please visit Forward-Looking Statements Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results and performance could differ materially from such forward-looking information. The Company's Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such Securities and Exchange Commission filings.