Soilbuild Construction Group Ltd. disclosed on Nov, 20 2025 that it intends to split every existing ordinary share into four ordinary shares, subject to shareholder approval at an upcoming extraordinary general meeting.
Following the split, the issued share count would rise from 165,466,046 to 661,864,184, while the paid-up share capital would remain unchanged at about 107.9 million Singapore dollars. The company said 496,398,138 additional shares will be allotted to shareholders on a record date to be announced later; no cash payment is required from investors, and all post-split shares will rank pari passu.
The board cited a lower per-share price and potential improvement in trading liquidity as key reasons for the proposal. Soilbuild will apply to the Singapore Exchange for in-principle approval to list the additional shares and will issue a detailed circular to shareholders in due course.
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