ZICO Insights Law LLC advised Catalist-listed DiSa Limited (formerly Equation Summit Limited) on a S$12.0 million redeemable convertible bond issue to private investors, and a separate capital reduction exercise to reduce the share capital of the company unrepresented by available assets by S$135.6 million, being accumulated losses incurred over previous years. Director Gregory Chan, assisted by Senior Associate Jaclyn Lee and Foreign Law Senior Associate Sanjeve Prakasam, led the advisory team.