SKK Holdings Limited
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $21.3M
- Price
- $5.37
- % Change (Daily % change from the live per-ticker quote feed.)
- -6.77%
- Volume
- 124.1K
About
SKK Holdings Limited, operating through its various divisions, specializes in delivering civil engineering solutions throughout Singapore. The company's core expertise lies in subterranean utility projects, which include the installation of power and telecommunication cables, the construction of water mains, and the crucial rehabilitation of sewerage systems. Beyond this, SKK Holdings Limited also builds gas pipelines and sewage networks. Its comprehensive service portfolio extends to underground pipe installations, the establishment and ongoing maintenance of underground utility infrastructure, specialized horizontal directional drilling (HDD), and general plumbing and sanitary services. The company caters to a diverse clientele, encompassing governmental bodies, public utility providers, and general contractors. Established in 2013, SKK Holdings Limited maintains its corporate headquarters in Singapore.
Quick stats
Shares outstanding2.4M
Computed float1.4M
Float / shares58.5%
Key info
SectorIndustrials
IndustryEngineering & Construction
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001991261
Websitehttps://skkworks.com.sg
AI Summary
AI-generated1/7
majorbullishoperations update
SKK Holdings Awarded Six New Horizontal Directional Drilling and Utility Works Contracts in Singapore Valued at Up to US$26.6 Million (S$34.1 Million)
SKK Holdings announced six new contracts for horizontal directional drilling and utility works in Singapore with an aggregate value of up to $26.6 million, marking the largest block of new work in the company's history.
The awards underscore the strength of its core subsurface utility business while the company advances a $258.8 million acquisition of Rantizo’s drone technology assets, which was approved by shareholders in June.
Upon closing of the Rantizo transaction, the company will change its name to Rantizo, authorize a tenfold increase in share capital, and appoint Marianne McInerney as President.
Red flags
- Share-based acquisition of $258.8M assets with only $759,047 cash consideration implies significant dilution
- Tenfold increase in authorized share capital approved by shareholders