Metro Holdings lifts stake in joint venture Metro Soilbuild to 50%

SGX Filings

Mar 03

Metro Holdings Limited said on Mar, 3 2026 that its wholly owned subsidiary, Metrobilt Construction Pte. Ltd., has subscribed for two additional ordinary shares in Metro Soilbuild Development Pte. Ltd., boosting its interest in the joint venture to 50%.

The Singapore-incorporated Metro Soilbuild, set up on Dec, 8 2025, is jointly owned by Metrobilt Construction and SB (Westpoint) Investment Pte. Ltd., a subsidiary of Soilbuild Group Holdings Ltd. Following the latest subscription, each partner now holds an equal 50% stake in the holding company and real-estate development vehicle, whose issued and paid-up capital rises to 10 million Singapore dollars.

Metro Holdings said the transaction is not expected to have any significant impact on its consolidated net tangible assets per share or earnings per share for the financial year ending Mar, 31 2026.

No director or controlling shareholder of Metro Holdings has any direct or indirect interest in the deal beyond their shareholdings in the company, the board added.

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