Skk Holdings Receives Nasdaq Extension on Minimum Price Deficiency Compliance.

Skk Holdings, a civil engineering service provider in Singapore, has received an extension from Nasdaq to address its minimum price deficiency. The company specializes in subsurface utility works, including electrical and telecommunication cable laying, water pipeline, and sewer rehabilitation works. Its subsidiaries, SKK Works and SKK Works M & E, provide construction installation services for communications, power lines, and water and gas pipelines.

SINGAPORE — SKK Holdings Limited, a prominent civil engineering service provider specializing in subsurface utility works in Singapore, has received an extension from Nasdaq to address its minimum price deficiency. The company, which provides services such as electrical and telecommunication cable laying, water pipeline, and sewer rehabilitation works, has been given an additional 180 days to meet Nasdaq's continued listing requirement.

SKK Holdings, through its subsidiaries SKK Works Pte. Ltd. and SKK Works M & E Pte. Ltd., offers a range of civil engineering services, including construction installation for communications and power lines, as well as subsurface utility works and maintenance. The company's experience spans over a decade, with a focus on public utility projects in Singapore.

In April 2025, Nasdaq notified SKK Holdings that its closing bid price did not meet the minimum requirement of $1 per share over a specified period. The company was initially given 180 days to comply but failed to meet the requirement by October 13, 2025. Today, SKK Holdings announced that it has received an extension until April 13, 2026, to regain compliance with Nasdaq's continued listing rules.

The company is currently evaluating options to meet the minimum price requirement and intends to comply within the extended period. While SKK Holdings is committed to regaining compliance, there is no assurance that it will achieve this goal. The company's forward-looking statements, including those regarding its ability to comply with Nasdaq's listing requirements, are subject to various risks and uncertainties.