Home
>
ipos-overview
Proposed Symbol | FBGL |
---|---|
Company Name | FBS Global Ltd |
Exchange | NASDAQ Capital |
Share Price | $4.50 |
Employees | 74 (as of 06/30/2024) |
Status | Priced |
Shares Offered | 2,250,000 |
Offer amount | $10,125,000 |
Shares Over Alloted | |
Company Address | 74 TAGORE LANE, #02-00 SINDO INDUSTRIAL SINGAPORE 787498 |
Company Phone | 65 62857781 |
Company Website | www.FBSGlobal.com.sg |
CEO | Kelvin Ang |
State of Inc | |
Fiscal Year End | 12-31 |
Total Offering Expense | $1,400,000.00 |
Shareholder Shares Offered | |
Shares Outstanding | 13,500,000 |
Lockup Period (days) | 180 |
Lockup Expiration | 2025-08-05 00:00:00 |
Quiet Period Expiration | 2025-03-18 00:00:00 |
CIK | 0001938534 |
DealId | 1246442-112224 |
The predecessor of our principal operating company was incorporated on March 9, 1996 in Singapore under the name Finebuild Systems Pte Ltd. Pursuant to a restructuring that took effect on August 2, 2022, FBS Global Limited, an exempted company incorporated in the Cayman Islands, through its wholly owned subsidiary, Success Elite Developments Limited, a company incorporated in BVI, became the ultimate holding company of our current principal operating subsidiary referred to herein as FBS SG. From its beginning as a construction company since 1996, FBS SG has developed into a premier integrated engineering company that provides a full suite of construction and engineering services. These services include the supply of building materials and precast concrete components, recycling of construction and industrial wastes, as well as pavement consultancy services. We are an established interior design and build (also referred to as “fit-out”) specialist in Singapore with a track record of over 20 years in institutional, residential, commercial and industrial building projects. Our scope of services comprises design, supply and installation of ceilings, partitions, timber deck, carpet, lead lining, acoustic wall panel, built-in furnishing, carpentry and mechanical & electrical services of a building. We also undertake main construction and building works projects. Our Pledge “To be conscientious in the production of construction solutions that is sustainable and environmentally friendly” Over the years, we have sought to bring value to our construction and engineering business through what we believe to be an innovative use of sustainable processes and materials. We are committed to sustainable development and corporate social responsibility through the environmental focus of our building materials. We believe that this commitment has differentiated us from other traditional construction companies in Singapore that are less focused on sustainability and that this commitment has been a key driver of our growth. We strive to use new technological equipment including a pole gun for ceiling installations, allowing us to minimize the use of scaffolding in congested areas with mechanical and engineering (or “M&E”) services. Further, we use sanding machines for wall & ceiling instead of manual sanding. We also work with manufacturers and suppliers to develop new materials such as an impact wall for toilets and a shaft wall for core areas of an elevator shaft. --- Our Company was incorporated in the Cayman Islands on March 10, 2022. Our registered office in the Cayman Islands is located at the offices of Conyers Trust Company (Cayman) Limited, Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1-1111, Cayman Islands. Our principal executive office is at 74 Tagore Lane, #02-00 Sindo Industrial Estate, Singapore 787498. Our telephone at this location is +(65) 6285-7781. Our website is www.FBSGlobal.com.sg. Our agent for service of process in the United States is Cogency Global, Inc. located at 122 E. 42nd St., 18th Floor, New York, NY 10168, with the telephone (888) 741-6830.