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NASDAQ:FBGL

FBS Global (FBGL) Stock Price, News & Analysis

FBS Global logo
$0.87 +0.07 (+9.10%)
As of 03/11/2025 04:00 PM Eastern

About FBS Global Stock (NASDAQ:FBGL)

Key Stats

Today's Range
$0.80
$0.95
50-Day Range
N/A
52-Week Range
$0.73
$5.45
Volume
195,816 shs
Average Volume
1.12 million shs
Market Capitalization
$11.72 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

The predecessor of our principal operating company was incorporated on March 9, 1996 in Singapore under the name Finebuild Systems Pte Ltd. Pursuant to a restructuring that took effect on August 2, 2022, FBS Global Limited, an exempted company incorporated in the Cayman Islands, through its wholly owned subsidiary, Success Elite Developments Limited, a company incorporated in BVI, became the ultimate holding company of our current principal operating subsidiary referred to herein as FBS SG. From its beginning as a construction company since 1996, FBS SG has developed into a premier integrated engineering company that provides a full suite of construction and engineering services. These services include the supply of building materials and precast concrete components, recycling of construction and industrial wastes, as well as pavement consultancy services. We are an established interior design and build (also referred to as “fit-out”) specialist in Singapore with a track record of over 20 years in institutional, residential, commercial and industrial building projects. Our scope of services comprises design, supply and installation of ceilings, partitions, timber deck, carpet, lead lining, acoustic wall panel, built-in furnishing, carpentry and mechanical & electrical services of a building. We also undertake main construction and building works projects. Our Pledge “To be conscientious in the production of construction solutions that is sustainable and environmentally friendly” Over the years, we have sought to bring value to our construction and engineering business through what we believe to be an innovative use of sustainable processes and materials. We are committed to sustainable development and corporate social responsibility through the environmental focus of our building materials. We believe that this commitment has differentiated us from other traditional construction companies in Singapore that are less focused on sustainability and that this commitment has been a key driver of our growth. We strive to use new technological equipment including a pole gun for ceiling installations, allowing us to minimize the use of scaffolding in congested areas with mechanical and engineering (or “M&E”) services. Further, we use sanding machines for wall & ceiling instead of manual sanding. We also work with manufacturers and suppliers to develop new materials such as an impact wall for toilets and a shaft wall for core areas of an elevator shaft. Sustainable Business We strongly believe that sustainability in both business and the environment is the only way to responsibly move forward. We have a proven record of completing numerous civil and infrastructure projects while also expanding our expertise into different fields such as sales and marketing of green building materials to consolidate access to the supply chain of essential building materials for the construction sector. These green building materials include but are not limited to special gypsum boards, aluminum ceiling materials, and green resin timber materials for timber desks. We seek to source sustainable materials and work with environmental experts to speed up the process of building zero energy infrastructure. Our Vision for Sustainable Business for the Future We believe that our comprehensive and diversified experiences well-position us to undertake a broad range of forward looking green civil engineering and infrastructure construction projects. Our depth of experience is further supported by our team of in-house technical specialists. We believe that, in addition to this depth of experience and specialized technical staff, our innovative ideas, productivity, and efficiency set us apart from our competition and allow us to be poised to provide cutting edge construction and engineering services in furtherance of sustainability. Green buildings are becoming increasingly popular and more prevalent globally, including in Singapore, where both consumer demand and government regulations are pushing for more sustainable building projects by 2030. Since 2007, we have sought to use environmentally friendlier materials on our projects. We believe that sustainability in both business and environment is the only way to move forward, and we intend to lead the way in developing and implementing more sustainable building materials and practices. Our Company was incorporated in the Cayman Islands on March 10, 2022. Our registered office in the Cayman Islands is located at the offices of Conyers Trust Company (Cayman) Limited, Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1-1111, Cayman Islands. Our principal executive office is at 74 Tagore Lane, #02-00 Sindo Industrial Estate, Singapore. Our agent for service of process in the United States is Cogency Global, Inc. located at 122 E. 42nd St., 18th Floor, New York.

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FBGL Stock News Headlines

FBS Global Ltd.'s (NASDAQ:FBGL) Quiet Period To Expire on March 18th
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FBGL Stock Analysis - Frequently Asked Questions

FBS Global's stock was trading at $3.45 on January 1st, 2025. Since then, FBGL stock has decreased by 74.8% and is now trading at $0.8684.
View the best growth stocks for 2025 here
.

FBS Global (FBGL) raised $11 million in an IPO on Thursday, February 6th 2025. The company issued 2,300,000 shares at $4.50-$5.00 per share. WallachBeth Capital served as the underwriter for the IPO.

FBS Global's quiet period expires on Tuesday, March 18th. FBS Global had issued 2,250,000 shares in its initial public offering on February 6th. The total size of the offering was $10,125,000 based on an initial share price of $4.50. During the company's quiet period, insiders and any underwriters involved in the IPO are restricted from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company's quiet period, it's expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Shares of FBGL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Company Calendar

Today
3/12/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
N/A
Sub-Industry
Misc.
Current Symbol
NASDAQ:FBGL
Previous Symbol
NASDAQ:FBGL
Web
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$21.16 million
Price / Cash Flow
N/A
Price / Book
N/A

Miscellaneous

Free Float
N/A
Market Cap
$11.72 million
Optionable
N/A
Beta
N/A
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This page (NASDAQ:FBGL) was last updated on 3/12/2025 by MarketBeat.com Staff
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