FBS Global shares surge 21.25% after-hours after engaging Crescendo Communications for investor relations and capital markets strategy.

FBS Global Limited (Nasdaq: FBGL) surged 21.25% in after-hours trading following the announcement that it has engaged Crescendo Communications, a New York-based investor relations firm, to enhance its capital markets communications strategy. The partnership aims to strengthen engagement with institutional investors, improve market visibility, and support strategic messaging around the company’s project execution and growth objectives. CEO Kelvin Ang highlighted the importance of effective communication as FBS expands its involvement in complex infrastructure projects, while Crescendo’s President David Waldman noted the company’s strong reputation and potential for increased U.S. investor interest. The move is seen as a strategic step to bolster investor confidence and align with the company’s focus on execution-driven growth in high-specification construction markets.