SKK Holdings Limited (SKK) Closes $10M IPO
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Skk Holdings Limited Announces Closing of $10.0 Million Initial Public Offering
October 9, 2024 1:45 PM EDTSINGAPORE, Oct. 09, 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 closing of its previously announced 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 sold 1,750,000 ordinary shares and selling shareholders sold an aggregate of 750,000 ordinary shares. The Company did not receive any proceeds from the sale of shares by the selling... More
