Soon Hock Enterprise Holding Limited said on Apr, 23 2026 that it has applied 1.412 million Singapore dollars of its initial public offering proceeds to general working capital.

The company detailed that 1.389 million Singapore dollars was spent on group employee benefit expenses, 0.018 million Singapore dollars on administrative expenses and 0.005 million Singapore dollars on professional fees.

The clarification follows the firm’s annual report for the year ended Dec, 31 2025, published on Apr, 13 2026.