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Stock impact report

SKK HOLDINGS TO EFFECT A SHARE CONSOLIDATION ON APRIL 6, 2026

SKK Holdings Limited - Class A Ordinary Shares (SKK) 
Company Research Source: GlobeNewswire
SINGAPORE, April 01, 2026 (GLOBE NEWSWIRE) -- SKK Holdings Limited (“SKK” or the “Company”) (Nasdaq: SKK), a civil engineering service provider that specializes in subsurface utility works in Singapore, today announced that the Company’s board of directors approved on March 25, 2026 that the authorized, issued, and outstanding shares of the Company be consolidated on a 10 for 1 ratio with the marketplace effective date of April 6, 2026. The objective of the share consolidation is to enable the Company to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing on Nasdaq. Beginning with the opening of trading on April 6, 2026, the Company’s Class A ordinary shares will trade on the Nasdaq Capital Market on a split-adjusted basis, under the same symbol “SKK” but under a new CUSIP number G8292E110. As a result of the share consolidation, each 10 ordinary shares outstanding will automatically combine and convert to one issued and outstanding ordinary share w Show less Read more
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