DLF Holdings to call EGM to seek shareholders' nod to expand into blockchain

Singapore

CATALIST-LISTED DLF Holdings on Tuesday announced after trading hours that it is convening an extraordinary general meeting (EGM) to seek shareholders' approval for its plan to diversify into a new business area that will alter its existing risk profile.

The existing core business of the group is the provision of mechanical and electrical services and solutions, but the group intends to expand into blockchain agency and related businesses.