Soilbuild considers spinning off precast, prefab unit for SGX listing

The listing depends on market and regulatory approvals.

Soilbuild Construction Group Ltd. said it is exploring a possible listing of its precast and prefabrication business on the Main Board of the Singapore Exchange (SGX-ST).

The company said discussions are at an early stage and no final decision has been made on whether the listing will proceed, or on its timing, terms, or structure.

Soilbuild noted that the potential listing will depend on market conditions, commercial negotiations, regulatory approvals, and the execution of definitive agreements. It added that there is no certainty the listing will take place.

The company said it will provide further updates when there are material developments and advised shareholders to exercise caution and seek professional advice before trading its shares.

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