Welcome to our dedicated page for FBS Global news (Ticker: FBGL), a resource for investors and traders seeking the latest updates and insights on FBS Global stock.
FBS Global Limited reports developments as a Singapore-based green building contractor and interior fit-out specialist serving institutional, residential, commercial, industrial and public infrastructure projects. Its updates center on construction contracts and subcontracts, additions and alterations, renovations, false ceilings, drywall partitions, thermal insulation, interior fit-out elements, built-in furniture, mechanical and electrical services, and sales or sourcing of construction materials.
Recurring news also covers project pipeline activity, government-linked subcontract work, procurement arrangements for building materials, commercialization of green and intelligent building technologies, Nasdaq Capital Market listing compliance for its ordinary shares, and capital-markets events following the company’s 2025 initial public offering.
FBS Global (NASDAQ: FBGL), a Singapore-based green building contractor, has announced the pricing of its initial public offering. The company is offering 2,250,000 ordinary shares at $4.50 per share, aiming to raise $10,125,000 in gross proceeds before deducting underwriting discounts and expenses.
The company has granted underwriters a 45-day option to purchase up to 337,500 additional shares (15% of the offering) at the public offering price to cover potential over-allotments. Trading begins on the Nasdaq Capital Market on February 6, 2025, under the symbol 'FBGL'. The offering is expected to close on February 7, 2025. WallachBeth Capital serves as the sole book-running manager.