Soilbuild Construction (SGX:V5Q) is exploring the merits of undertaking a listing of its precast and prefabrication business on the Singapore Exchange, according to a Tuesday filing.
The process is at an early stage and no final decision has been taken, with potential listing subject to being dictated by factors such as regulatory approvals and market conditions.
Shares of the company surged nearly 7% at the close of trading on Tuesday.