Welcome to our dedicated page for SKK Holdings news (Ticker: SKK), a resource for investors and traders seeking the latest updates and insights on SKK Holdings stock.
SKK Holdings Ltd (SKK) is a leading civil engineering specialist focused on critical subsurface utility infrastructure in Singapore. This page aggregates official announcements and verified news about the company’s sewer maintenance projects, pumping mains repairs, and telecommunications cable installations.
Investors and industry professionals will find timely updates on SKK’s government contracts, operational milestones, and regulatory compliance developments. Our curated feed includes details about new project awards with the Public Utilities Board, technical innovations in pipe laying, and strategic initiatives shaping Singapore’s underground infrastructure.
The resource prioritizes accuracy in reporting SKK’s role in maintaining water systems and telecom networks through its engineering expertise. Users can expect updates categorized by project types, partnership announcements, and operational disclosures relevant to assessing the company’s market position.
Bookmark this page for streamlined access to SKK’s latest developments in civil engineering and public works. Check regularly for authoritative updates on infrastructure projects essential to Singapore’s urban operations.
SKK Holdings (Nasdaq: SKK), a Singapore-based civil engineering service provider, has received a notification from Nasdaq on April 14, 2025, regarding non-compliance with the minimum bid price requirement. The company's stock failed to maintain the required $1 per share minimum bid price between February 28 and April 11, 2025.
SKK has been granted an initial 180-day compliance period until October 13, 2025 to regain compliance. If unsuccessful, the company may be eligible for an additional 180-day period, provided it meets other Nasdaq Capital Market listing requirements and demonstrates intention to cure the deficiency, potentially through a reverse stock split.
Trading will continue uninterrupted under the symbol 'SKK' while the company evaluates options to regain compliance.
SKK Holdings (Nasdaq: SKK), a civil engineering service provider specializing in subsurface utility works in Singapore, has closed its initial public offering of 2,500,000 ordinary shares at $4.00 per share, raising $10.0 million in gross proceeds. The company sold 1,750,000 shares, while selling shareholders offered 750,000 shares. SKK's shares began trading on the Nasdaq Capital Market on October 8, 2024, under the ticker symbol 'SKK'.
After deducting discounts and expenses, SKK received net proceeds of approximately $5.26 million. The funds will be used to expand and renew equipment and vehicles, expand operational facilities, repay debt, explore business expansion opportunities, and for general working capital. Bancroft Capital, acted as the sole underwriter for the offering.
SKK Holdings , a civil engineering service provider specializing in subsurface utility works in Singapore, has announced the pricing of its initial public offering (IPO). The company is offering 2,500,000 ordinary shares at $4.00 per share, aiming to raise $10.0 million in gross proceeds. Of the total shares, 1,750,000 are being offered by the company, while selling shareholders are offering 750,000 shares.
Trading of SKK's ordinary shares is scheduled to begin on the Nasdaq Capital Market on October 8, 2024, under the ticker symbol 'SKK'. The offering is expected to close around October 9, 2024. Bancroft Capital, is acting as the sole underwriter for the IPO. The offering is being conducted pursuant to the company's registration statement on Form F-1, which was declared effective by the SEC on September 18, 2024.
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