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Springview Holdings Ltd Achieves bizSAFE Level 4 Certification, Accelerating Growth and Expanding Market Reach

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Springview Holdings (NASDAQ: SPHL) announced that its Singapore subsidiary, Springview Enterprises, has achieved bizSAFE Level 4 certification from the Workplace Safety and Health Council, effective June 9, 2025. This upgrade from Level 3 certification demonstrates the company's commitment to workplace safety and health practices. The certification is expected to expand market opportunities, enable new partnerships, and allow access to larger projects and higher-value contracts in Singapore's construction sector. CEO Zhuo Wang emphasized that this achievement positions the company for growth and reflects their dedication to maintaining high safety standards, with future plans to pursue bizSAFE STAR certification, the highest level in the program.
Springview Holdings (NASDAQ: SPHL) ha annunciato che la sua filiale di Singapore, Springview Enterprises, ha ottenuto la certificazione bizSAFE Livello 4 dal Workplace Safety and Health Council, valida dal 9 giugno 2025. Questo avanzamento rispetto al Livello 3 dimostra l'impegno dell'azienda nelle pratiche di sicurezza e salute sul lavoro. La certificazione dovrebbe ampliare le opportunità di mercato, favorire nuove collaborazioni e consentire l'accesso a progetti più grandi e contratti di maggior valore nel settore delle costruzioni di Singapore. Il CEO Zhuo Wang ha sottolineato che questo risultato posiziona l'azienda per la crescita e riflette la loro dedizione a mantenere elevati standard di sicurezza, con piani futuri per ottenere la certificazione bizSAFE STAR, il livello più alto del programma.
Springview Holdings (NASDAQ: SPHL) anunció que su filial en Singapur, Springview Enterprises, ha logrado la certificación bizSAFE Nivel 4 otorgada por el Workplace Safety and Health Council, vigente a partir del 9 de junio de 2025. Esta mejora desde el Nivel 3 demuestra el compromiso de la empresa con las prácticas de seguridad y salud laboral. Se espera que esta certificación amplíe las oportunidades de mercado, permita nuevas asociaciones y facilite el acceso a proyectos más grandes y contratos de mayor valor en el sector de la construcción de Singapur. El CEO Zhuo Wang destacó que este logro posiciona a la empresa para el crecimiento y refleja su dedicación a mantener altos estándares de seguridad, con planes futuros de obtener la certificación bizSAFE STAR, el nivel más alto del programa.
Springview Holdings(NASDAQ: SPHL)는 싱가포르 자회사인 Springview Enterprises가 2025년 6월 9일부터 유효한 직장 안전 보건 위원회(Workplace Safety and Health Council)의 bizSAFE 레벨 4 인증을 획득했다고 발표했습니다. 레벨 3에서의 업그레이드는 회사가 직장 내 안전 및 보건 관행에 얼마나 헌신하고 있는지를 보여줍니다. 이번 인증은 시장 기회를 확대하고 새로운 파트너십을 가능하게 하며 싱가포르 건설 분야에서 더 큰 프로젝트와 고부가가치 계약에 접근할 수 있게 할 것으로 기대됩니다. CEO 주오 왕(Zhuo Wang)은 이 성과가 회사의 성장 기반을 마련하고 높은 안전 기준을 유지하려는 헌신을 반영한다고 강조했으며, 앞으로 프로그램 최고 단계인 bizSAFE STAR 인증도 추진할 계획임을 밝혔습니다.
Springview Holdings (NASDAQ : SPHL) a annoncé que sa filiale à Singapour, Springview Enterprises, a obtenu la certification bizSAFE Niveau 4 délivrée par le Workplace Safety and Health Council, effective à partir du 9 juin 2025. Cette montée en niveau depuis le Niveau 3 témoigne de l'engagement de l'entreprise en matière de pratiques de sécurité et de santé au travail. Cette certification devrait élargir les opportunités de marché, permettre de nouveaux partenariats et offrir l'accès à des projets plus importants ainsi qu'à des contrats de plus grande valeur dans le secteur de la construction à Singapour. Le PDG Zhuo Wang a souligné que cette réussite positionne l'entreprise pour la croissance et reflète leur dévouement à maintenir des normes de sécurité élevées, avec des projets futurs visant la certification bizSAFE STAR, le niveau le plus élevé du programme.
Springview Holdings (NASDAQ: SPHL) gab bekannt, dass seine Tochtergesellschaft in Singapur, Springview Enterprises, die bizSAFE Level 4 Zertifizierung vom Workplace Safety and Health Council erhalten hat, gültig ab dem 9. Juni 2025. Dieses Upgrade von Level 3 zeigt das Engagement des Unternehmens für Sicherheits- und Gesundheitspraktiken am Arbeitsplatz. Die Zertifizierung soll Marktchancen erweitern, neue Partnerschaften ermöglichen und den Zugang zu größeren Projekten sowie höherwertigen Verträgen im Bausektor Singapurs erleichtern. CEO Zhuo Wang betonte, dass diese Errungenschaft das Unternehmen für Wachstum positioniert und deren Engagement für hohe Sicherheitsstandards widerspiegelt, mit zukünftigen Plänen, die bizSAFE STAR Zertifizierung, die höchste Stufe im Programm, anzustreben.
Positive
  • Upgrade from bizSAFE Level 3 to Level 4 certification enhances company's credibility and market position
  • Certification enables access to larger projects and higher-value contracts in Singapore
  • Opens new partnership opportunities with industry leaders and public sector entities
  • Positions company for future growth in Singapore's construction sector
Negative
  • None.

Singapore, June 13, 2025 (GLOBE NEWSWIRE) -- Springview Holdings Ltd (Nasdaq: SPHL) (“Springview Holdings”, or the “Company”), a leading designer and builder of residential and commercial properties in Singapore, today announced that its indirect wholly owned Singapore operating subsidiary, Springview Enterprises Pte. Ltd. (“Springview Singapore”) has been officially awarded bizSAFE Level 4 certification by the Workplace Safety and Health Council, effective June 9, 2025. This milestone marks a major leap forward in Springview Singapore’s journey toward operational excellence and sustainable growth.

Earning bizSAFE Level 4 certification underscores Springview Singapore’s relentless commitment to integrating best-in-class workplace safety and health (WSH) practices across every facet of its business. This achievement not only enhances the safety and well-being of its workforce and partners but also significantly broadens the Springview Singapore’s market opportunities, opening doors to new partnerships, larger projects, and higher-value contracts within Singapore’s competitive construction sector.

Previously classified as a bizSAFE Level 3 business, Springview Singapore’s elevation to bizSAFE Level 4 demonstrates its ability to meet and exceed rigorous government standards and industry benchmarks in WSH practices, positioning Springview Singapore for accelerated growth and strengthening its competitiveness in Singapore’s construction sector.

Zhuo Wang, CEO of Springview Holdings, commented, “We are proud to achieve bizSAFE Level 4 certification, a testament to our unwavering commitment to the highest standards of workplace safety and health. This important certification positions Springview Singapore to seize exciting growth opportunities in Singapore’s construction sector. It reflects the hard work and dedication of our entire team to embed safety as a core value within our operations and leadership framework.”

“Beyond the immediate benefits, this certification strengthens our ability to collaborate with industry leaders, clients, and public sector partners who demand the highest standards in safety and operational excellence. We remain committed to continuous improvement and aim to further expand our addressable opportunities by working towards bizSAFE STAR, the highest certification under the national bizSAFE program. At Springview, we have consistently demonstrated that safety is not just a compliance requirement but a strategic foundation for sustainable growth.”

About Springview Holdings Ltd

Springview Holdings Ltd (Nasdaq: SPHL) designs and constructs residential and commercial buildings in Singapore, with an operating history dating back to 2002. Springview’s projects cover four main types of work: new construction, reconstruction, additions and alterations, and other general contracting services. With a skilled team of in-house experts, the Company provides a one stop solution that fosters strong customer relationships, offering a comprehensive range of services such as design, construction, furniture customization and project management. The Company also offers post-project services, including defect repairs and maintenance, that further enhances its customer engagement and future project opportunities. For more information, please visit the Company’s website: https://ir.springviewggl.com/

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this press release are “forward-looking statements” as defined under the federal securities laws, including, but not limited to, statements regarding the use of proceeds from the sale of the Company’s shares in the Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “believe”, “plan”, “expect”, “intend”, “should”, “seek”, “estimate”, “will”, “aim” and “anticipate”, or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

For more information, please contact:

Springview Holdings Ltd
Investor Relations Department
Email: ir@springviewggl.com


FAQ

What is the significance of Springview Holdings (SPHL) achieving bizSAFE Level 4 certification?

The bizSAFE Level 4 certification demonstrates Springview's commitment to workplace safety and health practices, enabling access to larger projects, higher-value contracts, and new partnerships in Singapore's construction sector.

When did Springview Holdings (SPHL) receive its bizSAFE Level 4 certification?

Springview Holdings' Singapore subsidiary received the bizSAFE Level 4 certification effective June 9, 2025.

What are Springview Holdings' (SPHL) future plans regarding bizSAFE certification?

Springview Holdings plans to work towards achieving bizSAFE STAR certification, which is the highest level under the national bizSAFE program.

How will the bizSAFE Level 4 certification impact Springview Holdings' (SPHL) business operations?

The certification will enhance the company's market opportunities, enable new partnerships, and allow access to larger projects and higher-value contracts in Singapore's construction sector.

What was Springview Holdings' (SPHL) previous bizSAFE certification level?

Springview Holdings was previously classified as a bizSAFE Level 3 business before achieving Level 4 certification.
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