Davis Commodities Limited Ordinary Shares·Consumer Defensive

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Davis Commodities Limited (NASDAQ: DTCK)'s stock is set to reverse split before the market opens on Monday, March 9th. The 1-20 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, March 8th. Davis Commodities Price Performance Shares of Davis Commodities stock

SINGAPORE, March 02, 2026 (GLOBE NEWSWIRE) -- Davis Commodities Limited (“Davis Commodities” or the “Company”) (Nasdaq: DTCK), a global agri-commodity trading company, today announced that its board of directors (the “Board”) has approved the implementation of a 20-for-1 reverse share split (the “Reverse Split”) of the Company's Class A ordinary shares (“Class A Ordinary Shares”) and Class B ordinary shares (“Class B Ordinary Shares”). The Reverse Split was previously approved by shareholders on February 4, 2026 and trading of shares commences on a split-adjusted basis on March 9, 2026.

SINGAPORE, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Davis Commodities Limited (“Davis Commodities” or the “Company”; Nasdaq: DTCK) has further strengthened its position as a high-performance global agri-commodities platform following its highly successful participation in a leading international food trade exhibition in January 2026. Showcasing its flagship consumer brand, Maxwill, the Group converted strong international demand into a combination of secured orders and advanced commercial discussions with an aggregate value of approximately US$20 million, enhancing revenue visibility over the next 6–12 months and reinforcing the Company's forward growth trajectory.
Davis Commodities Limited, an investment holding company, operates as an agricultural commodity trading company in Asia, Africa, and the Middle East. The company trades in agricultural commodities, including sugar, rice, and oil and fat products under the Maxwill, Lin, and Taffy brands. It also provides warehouse storage and logistic, as well as agency services. The company was founded in 1999 and is headquartered in Singapore. Davis Commodities Limited operates as a subsidiary of Davis & KT Holdings Pte. Ltd.
Consumer Defensive
Agricultural Farm Products
22
2023-09-19
0.01