FBS Global shareholders backed 1-for-10 share consolidation at extraordinary meeting
FBGL•Shareholders approve 1-for-10 consolidation
FBS Global shareholders backed a 1-for-10 share consolidation at an extraordinary general meeting on Sept. 13, 2026.
Shareholders adopted a measure converting each 10 ordinary shares into one share with a higher par value. The measure authorizes the board to implement the consolidation, including handling fractional entitlements; execution timing was not specified.
Authorized share capital will remain US$500,000, with authorized shares reduced to 50,000,000 following implementation.
