SKK Holdings Limited (SKK) Prices 2.5M Share IPO at $4/sh

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Skk Holdings Limited Announces Pricing of $10.0 Million Initial Public Offering

October 7, 2024 2:00 PM EDT

SINGAPORE, Oct. 07, 2024 (GLOBE NEWSWIRE) -- SKK Holdings Limited (SKK or the Company) (Nasdaq: SKK), a civil engineering service provider that specializes in subsurface utility works in Singapore, today announced the pricing of its initial public offering (the Offering) of an aggregate 2,500,000 ordinary shares at a public offering price of $4.00 per share for total gross proceeds of $10.0 million, before deducting underwriting discounts and offering expenses. The Company is offering 1,750,000 ordinary shares and selling shareholders are offering an aggregate of 750,000 ordinary shares. The Company will not receive any proceeds from any sale of ordinary shares by the selling... More