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Ipos overview

SKK Holdings Ltd (SKK)


Company Overview

Proposed Symbol SKK
Company Name SKK Holdings Ltd
Exchange NASDAQ Capital
Share Price $4.00
Employees 136 (as of 12/31/2023)
Status Priced
Shares Offered 2,500,000
Offer amount $10,000,000
Shares Over Alloted
Company Address 27 FIRST LOK YANG ROAD SINGAPORE 629735
Company Phone 65 6334 3831
Company Website www.skkworks.com.sg
CEO Koon Kiat Sze
State of Inc
Fiscal Year End 12-31
Total Offering Expense $1,213,506.00
Shareholder Shares Offered
Shares Outstanding 15,625,000
Lockup Period (days) 180
Lockup Expiration 2025-04-07 00:00:00
Quiet Period Expiration 2024-11-18 00:00:00
CIK 0001991261
DealId 1284427-108936

Company Description

Our mission is to deliver our subsurface civil engineering services in a timely, reliable and cost-efficient manner, with integrity and good workmanship to meet customers, safety and regulatory requirements. Our corporate objective is to achieve sustainable growth in our business and create long-term shareholders’ value for construction projects in Singapore. We are a civil engineering service provider that specializes in subsurface utility works in Singapore and have participated in numerous public utility projects, including but not limited to power and telecommunication cable laying works, water pipeline works and sewer rehabilitation works. We were founded in 2013 by Mr. Sze, our Chief Executive Officer, together with, among others, Mr. Ng, one of our Executive Directors and our Chief Operating Officer. Our Executive Officers including Mr. Sze, Mr. Ng, Mr. Wong and Mr. Tang have over 28, 26, 18 and 15 years of experience in the field, respectively. As of May 31, 2024, we were equipped with a fleet of six HDD rigs, 20 excavators and 37 vehicles and a staff over 137. We are one of the five major contractors in Singapore for horizontal directional drilling, or HDD works. --- We were incorporated in the Cayman Islands as an exempted company on March 27, 2023. Our registered office in the Cayman Islands is at Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1-1111 Cayman Islands. Our principal executive office is at 27 First Lok Yang Road Singapore 629735. Our telephone number at this location is +65 6334 3831. Our principal website address is https://devwww.skkworks.com.sg. Our agent for service of process in the United States is Cogency Global Inc., 122 E. 42nd Street, 18th Floor, New York, New York 10168.