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FBS Global holders OK 1-for-10 share consolidation

Shareholders of FBS Global Ltd approved a 1-for-10 share consolidation, keeping total authorised capital unchanged while reducing the number of authorised shares.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

FBS Global Ltd (FBGL) reports that shareholders approved a 1-for-10 share consolidation at an extraordinary general meeting held on September 13, 2026. Every ten existing ordinary shares with a par value of US$0.001 will be consolidated into one share with a par value of US$0.01.

Following this consolidation, the Company’s authorised share capital remains US$500,000, but the number of authorised shares changes from 500,000,000 shares at US$0.001 par value to 50,000,000 shares at US$0.01 par value. The board is authorised to implement the consolidation and handle any fractional share entitlements using methods it considers appropriate.

Positive

  • None.

Negative

  • None.

Filing Explained

The filing records shareholder approval and board authority to implement the 1-for-10 consolidation, but reports no completed implementation or effective date.

Share consolidation ratio 1-for-10 Every ten existing ordinary shares consolidated into one new share
Shares outstanding (record date) 13,500,000 shares Ordinary shares issued and outstanding as of September 2, 2026
Quorum shares present 8,919,460 shares Shares present in person or by proxy at the extraordinary general meeting
Quorum percentage 66.07% Portion of total issued and outstanding ordinary shares represented at the meeting
Authorised share capital US$500,000 Total authorised share capital before and after consolidation
Authorised shares before consolidation 500,000,000 shares Ordinary shares at US$0.001 par value
Authorised shares after consolidation 50,000,000 shares Ordinary shares at US$0.01 par value
Votes for share consolidation 8,919,460 votes Votes in favour of the consolidation resolution
extraordinary general meeting regulatory
"held an extraordinary general meeting of its members"
share consolidation financial
"approved to effect a 1-for-10 share consolidation"
Share consolidation is a process where a company reduces the total number of its shares by combining multiple existing shares into a smaller number of higher-value shares. This can make each share more expensive and potentially improve the company’s image. For investors, it often means their ownership remains the same, but the value of each share increases, which can influence how the stock is perceived and traded.
authorised share capital financial
"the authorised share capital of the Company will remain US$500,000"
The maximum number of shares a company is legally allowed to create under its founding documents. Think of it like the size of an empty container: it sets the upper limit on how many ownership pieces the company can hand out, which matters to investors because it controls how easily a company can raise cash, dilute existing owners, or change voting power without a formal legal change.
par value financial
"shares of a par value of US$0.001 each"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What share consolidation did FBGL shareholders approve in September 2026?

Shareholders approved a 1-for-10 share consolidation, where every ten ordinary shares with a par value of US$0.001 are consolidated into one ordinary share with a par value of US$0.01.

How does the share consolidation affect FBGL’s authorised share capital?

The authorised share capital remains US$500,000, but authorised shares change from 500,000,000 shares at US$0.001 par value to 50,000,000 shares at US$0.01 par value after the consolidation.

How many FBGL ordinary shares were outstanding as of the record date?

As of the September 2, 2026 record date, FBGL had 13,500,000 ordinary shares issued and outstanding, each entitled to one vote at the extraordinary general meeting.

What quorum and voting results were recorded at FBGL’s extraordinary general meeting?

A total of 8,919,460 ordinary shares, representing 66.07% of issued and outstanding shares, were present, constituting a quorum. The share consolidation resolution received 8,919,460 votes for, with 0 against and 0 abstentions.

Who is authorised to implement the FBGL share consolidation and handle fractional shares?

The board of directors is authorised to take all necessary actions to implement the share consolidation, including addressing fractional share entitlements through rounding, capitalisation, sale arrangements, or other measures it deems appropriate.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

 

For the month of September 2026

 

Commission File Number 001-42508

 

FBS GLOBAL LIMITED

(Translation of registrant’s name into English)

 

74 Tagore Lane, #02-00 Sindo Industrial Estate

Singapore 787498

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F ☒     Form 40-F ☐

 

 

 

 
 

 

On September 13, 2026, FBS Global Limited (the “Company”) held an extraordinary general meeting of its members (the “Extraordinary Meeting”) at 9:00 a.m., Singapore time, at 74 Tagore Lane, #02-00 Sindo Industrial Estate, Singapore 787498, pursuant to notice duly given.

 

Shareholders of the Company’s ordinary shares, par value US$0.001 per share (the “Ordinary Shares”), as of 5:00 p.m., New York time, on September 2, 2026 (the “Record Date”), were entitled to receive notice of and to attend and vote at the Extraordinary Meeting or any adjournment or postponement thereof. Each Ordinary Share is entitled to one (1) vote on each matter properly brought before the Extraordinary Meeting. As of the Record Date, there were 13,500,000 Ordinary Shares issued and outstanding. A total of 8,919,460 Ordinary Shares (representing 66.07% of the total issued and outstanding Ordinary Shares entitled to vote as of the Record Date), constituting a quorum, were present in person or by valid proxies at the Extraordinary Meeting.

 

Results of the Extraordinary Meeting

 

At the Extraordinary Meeting, the shareholders considered and voted upon the resolution described in the Company’s notice of extraordinary general meeting of members and proxy statement, dated September 1, 2026, the relevant portions of which are incorporated herein by reference. The voting results in respect of the resolution are set forth below.

 

By an ordinary resolution, the shareholders approved to effect a 1-for-10 share consolidation, whereby every ten (10) existing shares of a par value of US$0.001 each in the share capital of the Company (whether issued or unissued) will be consolidated into one (1) share of a par value of US$0.01 each (the “Share Consolidation”). As a result of the Share Consolidation, the authorised share capital of the Company will remain US$500,000, but the number of authorised shares will be reduced from 500,000,000 shares of a par value of US$0.001 each to 50,000,000 shares of a par value of US$0.01 each. The board of directors of the Company was further authorised to take all necessary actions to implement the Share Consolidation, including addressing fractional share entitlements through rounding, capitalisation, sale arrangements, or such other measures as it deems appropriate.

 

The votes cast in respect of this resolution were as follows:

 

Votes For   Votes Against   Abstentions
8,919,460   0   0

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: September 14, 2026 FBS GLOBAL LIMITED
     
  By: /s/ Kelvin Ang
    Kelvin Ang
    Chief Executive Officer

 

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