Green Build Technology Granted Approval for S\$765,000 Share Placement on SGX Mainboard

Key Details on Proposed Equity Placement

Green Build Technology Limited (“the Company”) has received approval in-principle from the Singapore Exchange Securities Trading Limited (SGX-ST) for the proposed placement of 50,000,000 new ordinary shares at an issue price of S\$0.0153 per share. This placement represents an aggregate consideration of S\$765,000.

Key Points for Investors

• Placement Announcement: The Board initially announced the share placement on 10 October 2025.
• SGX-ST Approval: Approval in-principle was granted on 18 November 2025, allowing the new shares to be listed and quoted on the SGX Mainboard.
• Conditions Imposed: The approval is subject to several important conditions:
  • The Company must comply with SGX Listing Manual Rules 704(30) and 1207(20), specifically disclosing the detailed breakdown of how proceeds used for working capital are spent in announcements and annual reports.
  • The Company must adhere to Rule 803, which relates to the minimum issue price and other listing requirements.
  • The Company must provide an undertaking that it will not issue shares to persons prohibited under Rule 812(1) (such as interested persons or related parties).
• Placement Timeline: The subscription shares must be placed out within seven (7) market days from the date of approval (by 27 November 2025).
• Disclosure of Use of Proceeds: The company must be transparent in how it uses the funds raised, especially if allocated to working capital, which may impact investor confidence and share price.

Potential Share Price Impact

• This share placement could be price sensitive as it:
  • Raises fresh capital, potentially strengthening the Company’s balance sheet and funding new projects or ongoing operations.
  • May lead to dilution of existing shareholdings, as 50 million new shares will be issued, potentially impacting earnings per share and voting rights.
  • Signals to the market the Company’s ability to raise capital and SGX-ST’s ongoing confidence in its compliance and growth strategy.
• Investors should monitor subsequent announcements detailing the actual deployment of funds, as this could materially affect the Company’s financial health and share price performance.
• The Company has committed to making further announcements regarding the placement as appropriate, allowing investors to stay updated.

Board Statement

The announcement was made by Mr. Li Mingyang, Chairman and Executive Director, on behalf of the Board on 19 November 2025, underscoring management’s commitment to transparency and regulatory compliance.

What Should Shareholders Watch For?

• Details on Use of Proceeds: How and where the S\$765,000 is allocated, especially if used for working capital, will be disclosed in future announcements and annual reports.
• Share Dilution: The issuance of 50 million new shares may impact current shareholders’ proportionate ownership and voting power.
• Compliance with SGX-ST Rules: Continued adherence to SGX listing rules is crucial for maintaining the Company’s listed status and investor confidence.

Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any securities. Investors should do their own research or consult a professional advisor before making investment decisions. The actual impact of the share placement on Green Build Technology Limited’s share price will depend on various market factors and the Company’s subsequent disclosures.

View Green Build Historical chart here