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SKK Holdings Faces Nasdaq Listing Challenge

Story Highlights
  • SKK Holdings received a Nasdaq notice for not meeting the minimum bid price requirement.
  • The company has 180 days to regain compliance, with shares continuing to trade under the current symbol.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SKK Holdings Faces Nasdaq Listing Challenge

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SKK Holdings Limited ( (SKK) ) has issued an announcement.

On April 14, 2025, SKK Holdings Limited received a notification from Nasdaq indicating that the company no longer meets the minimum bid price requirement for continued listing. The company has been given a 180-day period to regain compliance, with the possibility of an additional 180 days if certain conditions are met. SKK Holdings is evaluating options to address this issue and intends to regain compliance, though there is no assurance of success. The notification does not immediately affect the trading of SKK’s shares, which will continue under the current symbol.

More about SKK Holdings Limited

SKK Holdings Limited is a civil engineering service provider specializing in subsurface utility works in Singapore. The company focuses on planning, constructing, and maintaining public works and infrastructure projects, with over 10 years of experience in power and telecommunication cable laying, water pipeline works, and sewer rehabilitation.

YTD Price Performance: -35.04%

Average Trading Volume: 221,818

Technical Sentiment Signal: Strong Buy

Current Market Cap: $12.13M

Learn more about SKK stock on TipRanks’ Stock Analysis page.

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