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GDS Global Ltd. ( (SG:5VP) ) has shared an announcement.
GDS Global Limited has completed a fully subscribed placement of 60 million new shares at S$0.068 each, raising gross proceeds of S$4.08 million from investors including institutional names such as Asdew Acquisitions and ICH Capital, with SAC Capital acting as placement agent. The company plans to use the net proceeds to pursue larger projects locally and overseas, strengthen export sales and marketing to enter new regional markets, and fund working capital needs for proposed acquisitions of Asiabuild Metal Engineering and Integrated Aluminium, which are intended to broaden its footprint in structural steel, metal works and architectural aluminium solutions. The fundraising comes on the back of a strong FY2025 performance, where GDS posted a 70.6% jump in revenue to S$22.79 million, a significant rise in gross profit, a return to profitability, positive operating cash flow and a net cash position with no borrowings, providing a stronger financial base to support its strategic growth initiatives.
More about GDS Global Ltd.
GDS Global Limited is a Singapore-based specialist provider of commercial and industrial door and shutter solutions, with a strong presence in Singapore and the wider Southeast Asia region. The Group focuses on premium insulated fire shutters and blast-mitigating shutter solutions for critical infrastructure, industrial and high-security applications, and is actively expanding into complementary building-related segments such as structural steel, metal works and architectural aluminium solutions to diversify its revenue base and enhance competitiveness.
Average Trading Volume: 1,346,748
Technical Sentiment Signal: Buy
Current Market Cap: S$17.51M
Learn more about 5VP stock on TipRanks’ Stock Analysis page.