Soilbuild Construction Group Ltd. on Nov, 20 2025 announced plans to split every existing ordinary share into four, subject to shareholder approval and clearance from Singapore Exchange Securities Trading Ltd. (SGX-ST).

Following the split, the company’s issued share capital of about 107.9 million Singapore dollars will remain unchanged, but the number of shares will rise from 165,466,046 to 661,864,184. This entails the issuance of 496,398,138 additional shares that will rank pari passu with existing stock, except for entitlements declared before their issue. Shareholders are not required to make any payment.

Management said the move is intended to lower the trading price per share, increase market liquidity and broaden the shareholder base. Based on the lowest one-month volume-weighted average price of 3.2275 Singapore dollars up to Nov, 19 2025, the theoretical post-split price would be about 0.8068 Singapore dollars.

The share split must be approved by shareholders via an ordinary resolution at an upcoming extraordinary general meeting and receive SGX-ST in-principle approval for the listing and quotation of the additional shares. A circular containing full details and the meeting notice will be dispatched to investors in due course.