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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.