Ever Glory United launches public offer of 2 million shares at SGD 0.64 each

SGX Filings
2025/12/11

Ever Glory United Holdings Limited has opened a public offer of 2 million new shares at 0.64 Singapore dollars per share.

The offer period runs from Dec, 11 2025 (07:00) to Dec, 17 2025 (12:00). If balloting is required, it will take place on Dec, 18 2025. Trading on a “ready” basis is expected to begin at 09:00 on Dec, 19 2025, with settlement slated for Dec, 23 2025.

Subscriptions can be submitted via OCBC and UOB automated teller machines, internet banking or mobile applications, or by using a printed white application form available from Ever Glory United’s website, the Singapore Exchange website, and Novus Corporate Finance Pte. Ltd.

Singapore-headquartered Ever Glory United provides mechanical and electrical engineering services to public and private sector projects, including Housing & Development Board apartments, private residential developments, schools, mixed-use projects and commercial or industrial buildings.

Since its Catalist listing on the Singapore Exchange on May, 18 2023, the group has expanded through the acquisitions of Fire-Guard Engineering Pte. Ltd. and Guthrie Engineering (S) Pte. Ltd., both established players in the mechanical and electrical field. The company said it plans to continue growing locally and overseas via joint ventures, mergers and acquisitions or strategic alliances, and is also diversifying into property development and investment to broaden revenue streams.

Novus Corporate Finance Pte. Ltd. is acting as financial adviser and public offer coordinator. Potential investors are advised to refer to the offer document lodged with the Singapore Exchange on Dec, 10 2025 for full terms and conditions.

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