Soilbuild Construction Group Ltd. announced on Nov, 20 2025 that it intends to split every existing ordinary share into four ordinary shares, subject to shareholder approval and an in-principle nod from the Singapore Exchange.
Following the split, the company’s issued share capital will remain at about 107.9 million Singapore dollars, while the number of shares on issue will rise from 165,466,046 to approximately 661,864,184, assuming no further shares are issued before the record date.
The board said the move aims to lower the trading price per share, enhance liquidity and broaden the shareholder base by making each board lot more affordable to investors.
The record date for determining shareholders’ entitlements will be announced after the necessary approvals are secured. A circular detailing the proposal and a notice of an extraordinary general meeting will be dispatched to shareholders in due course.
Soilbuild cautioned investors that there is no certainty the share split will proceed and advised shareholders to exercise caution when trading the company’s shares.