FBS Global Regains Nasdaq Compliance with Share Consolidation

Singapore, Oct. 13, 2026 /CourierPR/ -- FBS Global Limited, a green building contractor and interior fit-out specialist, has regained compliance with Nasdaq's minimum bid price requirement, a significant milestone for the company. On October 12, 2026, the company received formal notification from Nasdaq confirming that its ordinary shares had maintained a closing bid price at or above $1.00 per share for ten consecutive business days, from September 28, 2026, through October 9, 2026. This achievement marks a critical step in ensuring the company's continued listing on the Nasdaq Capital Market under the symbol "FBGL."

This success comes after Nasdaq had notified FBS Global on April 15, 2026, that it was not meeting the minimum bid price requirement, setting a 180-day compliance period through October 12, 2026. The company successfully navigated this period by implementing a 1-for-10 share consolidation, which it announced on September 24, 2026. This action helped to stabilize the share price, ensuring that it met the necessary criteria. The share consolidation involved a significant adjustment to the company's share structure, reducing the number of shares while maintaining the total value, thereby addressing the bid price deficiency.

Kelvin Ang, Chief Executive Officer of FBS Global, expressed relief and gratitude for the support of shareholders.

FBS Global Limited, based in Singapore, specializes in high-specification, execution-driven projects across commercial, industrial, and public sector markets. The company delivers technically complex additions and alterations, retrofitting, insulation systems, lead-lined drywall partitions, false ceiling installations, and integrated interior build-outs. With over 30 years of operating experience, FBS targets projects requiring precision engineering, regulatory compliance expertise, and coordinated multi-system execution.

Forward-looking statements in the press release include the company's continued listing on Nasdaq, project execution, anticipated revenue realization, growth strategy, and expansion plans. These statements are based on current expectations and assumptions, which are subject to risks and uncertainties, including the company's ability to maintain compliance with Nasdaq's continued listing requirements, project execution, customer performance, regulatory requirements, competition, and general economic conditions.

The company's ordinary shares will continue to trade on the Nasdaq Capital Market under the symbol "FBGL." For additional information, please visit the Company's website at www.fbsglobal.com.sg.