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An announcement from SKK Holdings Limited ( (SKK) ) is now available.
At its annual general meeting held on 17 December 2025 in Singapore, SKK Holdings Limited’s shareholders approved a series of governance and capital-structure measures, including the re-election of directors Liao Xiaoyan and Chin Hoong Chan and the ratification of WWC, P.C. as independent auditor for the 2025 financial year. Shareholders also adopted a new multi-class share structure that redesignates the company’s authorized capital into Class A and Class B ordinary shares and preferred shares, with existing shares split between low-vote Class A stock for the broader shareholder base and high-vote Class B stock largely concentrated among key insiders. In addition, investors backed a flexible share consolidation (reverse split) at a ratio between 1-for-2 and 1-for-50 to be implemented at the board’s discretion within 180 days, a move that gives the board latitude to manage the company’s share price and capital base while cementing enhanced voting control for core management and founding shareholders through the dual-class structure.
More about SKK Holdings Limited
SKK Holdings Limited is a Singapore-based company listed in the United States as a foreign private issuer. While this filing does not describe its underlying operating business, the group reports under Form 20-F and maintains 18.75 million ordinary shares outstanding, indicating a corporate structure oriented toward international capital markets and access to U.S. investors.
Average Trading Volume: 348,676
Technical Sentiment Signal: Strong Sell
Current Market Cap: $4.91M
For detailed information about SKK stock, go to TipRanks’ Stock Analysis page.