News & Videos - DAVIS COMMODITIES

SINGAPORE, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Davis Commodities Limited (NASDAQ: DTCK), a prominent agricultural commodity trading company listed on the NASDAQ exchange, today announced the signing of a Memorandum of Understanding (MOU) with Carfax Commodities (Asia) Pte Ltd, a leading global trader of food commodities, to enter into a strategic share acquisition plan on 24 February 2025. This collaboration promises significant synergies and growth opportunities for both entities. The proposed...

SINGAPORE, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Davis Commodities Limited (NASDAQ: DTCK), a global leader in commodities and logistics, and Kohai, an innovative gaming and eSports organization, today announced the signing of a Memorandum of Understanding (MOU) to jointly invest in Kinetic AI, a company that develops enterprise solutions using artificial intelligence (AI). Empowering Businesses with Innovative AI Solutions The global AI market is forecasted to surpass $1 trillion by 2030, showcasing...

SINGAPORE, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Singapore-based Davis Commodities Limited (NASDAQ: DTCK), a leading global agricultural commodity trading company, today announced a strategic partnership with QBE.AI Limited, a cutting-edge artificial intelligence (AI) development company. This collaboration will leverage QBE.AI’s advanced AI algorithms to enhance Davis Commodities’ trading strategies and market analysis capabilities, leading to more precise and profitable trading decisions. The...

SINGAPORE, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Singapore-based Davis Commodities Limited (NASDAQ: DTCK) (the "Company" or "Davis Commodities"), has recently finalized a significant financial agreement, entering into a S$10,000,000 banking facility to fortify its operational capacities and propel strategic expansion efforts. This substantial facility stands as a part of foundation in supporting the Company's strategic expansion endeavors. With a well-structured financial framework in place, Davis...

SINGAPORE, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Strengthening its portfolio with a high-value wellness and luxury commodity, Davis Commodities takes another strategic step toward market diversification. Davis Commodities Limited (NASDAQ: DTCK), a Singapore-based global leader in agricultural commodity trading, proudly announces the signing of a Memorandum of Understanding (MOU) with Dadvance Agarwood Solutions Sdn. Bhd. , Malaysia’s foremost agarwood biotech company. This partnership positions...

SINGAPORE, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Davis Commodities Limited (Nasdaq: DTCK) (the "Company" or "Davis Commodities"), an agricultural commodity trading company that specializes in trading sugar, rice, and oil and fat products, announced its financial results for the six months ended June 30, 2024. Ms. Li Peng Leck, Executive Chairperson and Executive Director of Davis Commodities, commented, “Our performance is shaped by fluctuations in commodity prices and shipping costs. We view...

SINGAPORE, May 15, 2024 (GLOBE NEWSWIRE) -- Davis Commodities Limited (Nasdaq: DTCK) (the "Company" or "Davis Commodities"), an agricultural commodity trading company that specializes in trading sugar, rice, and oil and fat products, today announced its financial results for the fiscal year ended December 31, 2023. Ms. Li Peng Leck, Executive Chairwoman and Executive Director of Davis Commodities, commented, “I’m glad to present our financial results for fiscal year 2023. During this period,...

SINGAPORE, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Davis Commodities Limited (Nasdaq: DTCK) (the "Company" or "Davis Commodities"), an agricultural commodity trading company that specializes in trading sugar, rice, and oil and fat products, today released the following letter to shareholders from Ms. Li Peng Leck, Executive Chairwoman and Executive Director of the Company. Dear Shareholders, Celebrating our 25th anniversary in 2024, Davis Commodities Limited has grown and prospered since its inception...

SINGAPORE, Dec. 29, 2023 (GLOBE NEWSWIRE) -- Davis Commodities Limited (Nasdaq: DTCK) (the "Company" or "Davis Commodities"), an agricultural commodity trading company that specializes in trading sugar, rice, and oil and fat products, today announced its unaudited interim financial results for the six months ended June 30, 2023. Ms. Li Peng Leck, Executive Chairwoman and Executive Director of Davis Commodities, commented, “We are thrilled to share our financial results for the first half of...

SINGAPORE, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Davis Commodities Limited (Nasdaq: DTCK) (the "Company" or "Davis Commodities"), an agricultural commodity trading company that specializes in trading sugar, rice, and oil and fat products, today announced the closing of its initial public offering (the "Offering") of 1,250,625 ordinary shares at a public offering price of US$4.00 per ordinary share, including 163,125 ordinary shares issued pursuant to the full exercise of the underwriters’...