About Us

History

Ever Glory United Holdings Limited

Ever Glory United Holdings Limited (the “Company”, and together with its subsidiaries, the “Group”) is a Singapore-based engineering and property group principally engaged in mechanical and electrical (“M&E”) engineering services, alongside property investment and development.

The Group’s M&E engineering business began in 2018 through its wholly owned subsidiary, Sunbeam M&E Pte. Ltd. (“Sunbeam” or “SBME”). Together with Fire-Guard Engineering Pte. Ltd. (“Fire-Guard” or “FG”) and Guthrie Engineering (S) Pte Ltd (“Guthrie” or “GE”), the Group provides engineering services to public- and private-sector clients across residential, commercial, institutional and industrial projects in Singapore. Its services cover air-conditioning and mechanical ventilation, electrical engineering, fire prevention and protection, plumbing, sanitary and gas systems, and integrated building services.

The Group expanded into property investment and development in 2023 through Ever Capital Pte. Ltd. (“Ever Capital” or “ECPL”). Its current projects comprise a freehold residential development in Geylang and a food factory development at Mandai Estate.

The Company was incorporated in Singapore on 23 December 2021 as a private company limited by shares under the name “Ever Glory United Holdings Pte. Ltd.” On 25 April 2023, the Company was converted into a public company and renamed “Ever Glory United Holdings Limited”.

The Group was listed on the Catalist Board of the Singapore Exchange Securities Trading Limited (“SGX-ST”) on 18 May 2023 and successfully transferred to the Mainboard of the SGX-ST on 29 December 2025.

AWARDS AND ACCREDITATION

Over the years, in recognition of our quality management and work safety, we have received a number of accreditations and awards. We were accredited with ISO 9001:2015 (Quality Management System), ISO 45001:2018 (Occupational Health and Safety Management System) and bizSAFE Star for workplace safety and health.

To provide a one-stop engineering solution for full M&E engineering services in building and construction market with excellent quality, cost effectiveness and total customer satisfaction.

To enhance shareholders’ value by expanding into the property, building and construction and engineering markets.

Moving forward, the Group will continue to explore new business opportunities by acquiring new businesses or investing in property development projects to enhance shareholders’ return.

BUSINESS OUTLOOK

Empowering Business Excellence, One Decision at a Time

As at August 2026, Singapore’s construction market remained buoyant. The Ministry of Trade and Industry reported year-on-year GDP growth of 5.7% in the second quarter of 2026, while the construction sector expanded by 12.9% in the first quarter and 6.2% in the second quarter. The Building and Construction Authority projects total construction demand for 2026 to remain between S$47 billion and S$53 billion.

Construction activity is expected to be supported by major public infrastructure, healthcare, public housing and commercial development projects, including Changi Airport Terminal 5, the Marina Bay Sands Integrated Resort expansion, the Downtown Line 2 Extension and the Thomson-East Coast Line Extension.

The Group’s order book exceeded S$1 billion for the first time in July 2026, following approximately S$400 million of new contracts secured since the beginning of the year. This multi-year order book provides earnings visibility through 2028 and beyond. By combining the capabilities and track records of SBME, GE and FG, the Group is positioned to pursue larger and more complex M&E engineering projects.

The Group remains watchful of inflationary cost pressures in materials and manpower, which continue to present challenges to margins and project execution. It will maintain a disciplined approach to project execution, cost management and selective tendering.

In property development, the Group is currently involved in two joint projects: a 20-unit freehold residential development in District 14, Geylang, scheduled to obtain its Temporary Occupation Permit by the end of 2028, and a 69-unit food factory development at 2C Mandai Estate, targeted to obtain its Temporary Occupation Permit by the end of 2027. Both projects are progressing in line with expectations.

GROUP STRUCTURE

MR. SUN RENWANG

Non-Independent,
Non-Executive Chairman

Mr. Sun Renwang, is our Non-Independent Non-Executive Chairman and was appointed to our Board on 23 December 2021.

MR. XU RUIBING

Executive Director,
CEO

Mr. Xu Ruibing is our Executive Director and CEO and was appointed to our Board on 23 December 2021.

MR. CHUA SIONG KIAT

Lead Independent,
Non-Executive Director

Mr. Chua Siong Kiat is our Lead Independent Non-Executive Director, and was appointed to our Board on 20 April 2023. Mr. Chua chairs the Audit Committee and is a member of the Remuneration Committee and the Nominating Committee.

MR. KONG CHEE KEONG

Independent,
Non-Executive Director

Mr. Kong Chee Keong is our Independent Non-Executive Director, and was appointed to our Board on 20 April 2023. Mr. Kong Chee Keong currently chairs the Remuneration Committee and is a member of the Audit Committee and Nominating Committee.

MR. GOH SIONG PHECK FRANCIS

Independent,
Non-Executive Director

Mr. Goh Siong Pheck Francis is our Independent Non-Executive Director, and was appointed to our Board on 20 April 2023. Mr. Goh currently chairs the Nominating Committee and is a member of the Audit Committee and Remuneration Committee.

MS. NG CHOU YUAN

Group Financial Controller

Ms. Ng Chou Yuan is the Financial Controller of our Group and is responsible for the finance and accounting matters of our Group. She joined SBME as an assistant Account Manager in September 2018 and was subsequently promoted to Financial Controller in 2022. Ms. Ng is currently a non-executive director of Primest Land V1 Pte. Ltd.

MS. LEI LEI

Managing Director of SBME

Ms. Lei Lei is the Managing Director of SBME, effective 1 January 2026, and oversees its business operations.

MR. SU YAN PEI

Deputy Managing Director
Head of ACMV Department of SBME

Mr. Su Yan Pei is the Deputy Managing Director of SBME, effective 1 January 2026, and Head of its ACMV Department.

MR. SU CHANG

Deputy Managing Director
Project Director of SBME

Mr. Su Chang is the Deputy Managing Director of SBME, effective 1 January 2026, and its Project Director.

MR. YANG WENBO

Head of Department (PSG and Fire Protection) of SBME

Mr. Yang Wenbo is the Head of Department (PSG and Fire Protection) of SBME and is responsible for managing projects in respect of PSG and FP works undertaken by SBME. He joined SBME in July 2019 as a senior project manager and was subsequently promoted to the Head of Department (PSG and Fire Protection) in 2022.

MS. HAU CHIU SI

Procurement Manager of SBME

Ms. Hau Chiu Si is the Procurement Manager of SBME and is in charge of the procurement department. She joined SBME as the Procurement Manager in July 2018.

MR. CHEE TEOW SIONG

Business Development Director of FG

Mr. Chee Teow Siong is the Business Development Director of FG and is responsible for business development, maintaining current business relationships with clients and consultants and identifying and building new business opportunities and partnerships of FG.

MR. LIM TECK SENG

General Manager of FG

Mr. Lim Teck Seng is the General Manager of FG and is responsible for overseeing the tendering department and project management of FG.

MS. CHEE YEN MING

Deputy General Manager of FG

Ms Chee Yen Ming is the Deputy General Manager of FG and is responsible for overseeing daily operations of FG including admin, accounts, procurement and human resources department.

MR. TAY YEOW KEE

Chief Executive Officer of GE

Mr. Tay Yeow Kee is the Chief Executive Officer of GE and is responsible for managing its overall business and operations and driving its strategic direction.

Board of Directors: MR. SUN RENWANG

Non-Independent,
Non-Executive Chairman

Mr. Sun Renwang, is our Non-Independent Non-Executive Chairman and was appointed to our Board on 23 December 2021.

MR. SUN RENWANG

Non-Independent,
Non-Executive Chairman

Mr. Sun Renwang, is our Non-Independent Non-Executive Chairman and was appointed to our Board on 23 December 2021.

In 2018, Mr. Sun co-founded the Group with Mr. Xu. He has almost 30 years of experience in the construction industry.

Since 2000, Mr. Sun has founded various building construction companies such as Chan Rong Fen Building Construction Pte. Ltd. in 2000, Century Building Construction Pte. Ltd. in 2013, and SG United Construction Pte Ltd in 2018. He also ventured into property development and property investments with the incorporation of RWSun Pte. Ltd. in 2012, CPF Land Pte. Ltd. in 2018 and RWSun Development Pte. Ltd. in 2021.

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MR. XU RUIBING

Executive Director,
CEO

Mr. Xu Ruibing is our Executive Director and CEO and was appointed to our Board on 23 December 2021.

MR. XU RUIBING

Executive Director,
CEO

Mr. Xu Ruibing is our Executive Director and CEO and was appointed to our Board on 23 December 2021.

Mr. Xu is a co-founder of the Group. He has almost 30 years of experience in M&E engineering and project management. He is primarily responsible for the overall management and formulation of business strategies of our Group. He has been involved in all key aspects of the operations and business of the Group including the tendering process and project management processes of the Group. He also establishes and maintains a good network with developers, customers, and consultants within the construction industry.

Before he co-founded the Group in 2018, Mr. Xu was an Executive Director of Kin Xin Engineering Pte Ltd (“Kin Xin”) and its parent company, Libra Group Limited.

Mr. Xu holds a Bachelor of Engineering, specializing in electrical engineering, from Northwestern Polytechnical University, the People’sz Republic of China (“PRC”).

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MR. CHUA SIONG KIAT

Lead Independent,
Non-Executive Director

Mr. Chua Siong Kiat is our Lead Independent Non-Executive Director, and was appointed to our Board on 20 April 2023. Mr. Chua chairs the Audit Committee and is a member of the Remuneration Committee and the Nominating Committee.

MR. CHUA SIONG KIAT

Lead Independent,
Non-Executive Director

Mr. Chua Siong Kiat is our Lead Independent Non-Executive Director, and was appointed to our Board on 20 April 2023. Mr. Chua chairs the Audit Committee and is a member of the Remuneration Committee and the Nominating Committee.

Mr. Chua is an experienced corporate financial executive and consultant with substantial international broad-based financial and management experience of close to 30 years, with exposure in leadership, business strategy and management, corporate governance and compliance, group restructuring, investor relations, corporate finance and mergers and acquisitions, public listing, financial reporting, controls and planning; and having lived and worked in London, Beijing, Ho Chi Minh City, and Singapore. He is a director of Lighthouse Business Consulting Pte Ltd, a boutique business consulting firm he founded in 2017. He is currently the chief financial officer (“CFO”) of Memiontec Holdings Ltd., a SGX-listed company and serves as independent non-executive director to three other publicly listed companies.

Mr. Chua is a Fellow member of Chartered Certified Accountant (FCCA), Certified Internal Auditor (CIA), Chartered Accountant of Singapore (CA, Singapore), Chartered Valuer and Appraiser (CVA) and Senior Accredited Director conferred by Singapore Institute of Directors (SID). He holds a Master of Business Administration and Diploma of the Imperial College in Management (MBA, DIC) from Imperial College London Business School, University of London.

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MR. KONG CHEE KEONG

Independent,
Non-Executive Director

Mr. Kong Chee Keong is our Independent Non-Executive Director, and was appointed to our Board on 20 April 2023. Mr. Kong Chee Keong currently chairs the Remuneration Committee and is a member of the Audit Committee and Nominating Committee.

MR. KONG CHEE KEONG

Independent,
Non-Executive Director

Mr. Kong Chee Keong is our Independent Non-Executive Director, and was appointed to our Board on 20 April 2023. Mr. Kong Chee Keong currently chairs the Remuneration Committee and is a member of the Audit Committee and Nominating Committee.

Mr. Kong commenced work at Ernst & Young LLC in 1991, culminating in the role of Audit Manager by 1997. He then progressed through the private equity arm of ING Barings at Baring Communications Equity Asia Pte Ltd until 2004 when he was a Senior Investment Manager. Following this, he transitioned into leadership roles at NewBiomed Pte Ltd, a biotech development start-up, and worked as its director and CFO, and subsequently worked at Top Global Limited as CFO in 2006. In 2007, he took on similar responsibilities at HealthTrends Medical Investments Pte Ltd, a group specialising in medical aesthetics and specialty treatments, serving as its director senior vice president of the corporate development and CFO. He started Penvest Co Pte Ltd in 2011, where he owned and developed several clean energy projects. He then led Darco Water Technologies Limited as Executive Director and CEO from 2021 to 2022. Currently, Mr. Kong also serves as an Independent Director at JEP Holdings Ltd where he chairs the audit committee and is a member of its remuneration and nominating committees.

Mr. Kong is a Chartered Accountant of Singapore with over three decades of corporate development, accounting, and governance experience across various industries. He holds a Bachelor of Accountancy from the National University of Singapore and an MBA from the University of Manchester. He is a member of the Institute of Singapore Chartered Accountants and a fellow member of the Singapore Institute of Directors (SID).

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MR. GOH SIONG PHECK FRANCIS

Independent,
Non-Executive Director

Mr. Goh Siong Pheck Francis is our Independent Non-Executive Director, and was appointed to our Board on 20 April 2023. Mr. Goh currently chairs the Nominating Committee and is a member of the Audit Committee and Remuneration Committee.

MR. GOH SIONG PHECK FRANCIS

Independent,
Non-Executive Director

Mr. Goh Siong Pheck Francis is our Independent Non-Executive Director, and was appointed to our Board on 20 April 2023. Mr. Goh currently chairs the Nominating Committee and is a member of the Audit Committee and Remuneration Committee.

Mr. Goh is a qualified mediator, arbitrator and lawyer. He has been practicing law in Singapore for over 30 years. He is currently an equity partner of Harry Elias Partnership LLP where he heads the International Arbitration and Mediation Practice. An early adopter of mediation since 2001, Mr. Goh has incorporated mediation techniques into his dispute resolution practice, both as a mediation advocate and as mediator. He weaves litigation, arbitration and mediation expertise to obtain outcomes enabling clients and parties to ‘get back to doing business’ in a timely and cost-efficient way. Mr Goh is the Chairman of the Advocacy Committee of the Law Society of Singapore.

Mr Goh is a Fellow of the Chartered Institute of Arbitrators and the Singapore Institute of Arbitrators. Mr Goh is a mediator on the panel of many institutions including the Singapore Mediation Centre, the Singapore International Mediation Centre, Law Society of Singapore Mediation Panel and American Arbitration Association – International Centre for Dispute Resolution (AAA-ICDR). Mr Goh is a certified mediator at Singapore International Mediation Institute and International Mediation Institute (“IMI”). He is also an IMI Certified Mediation Advocate. He holds a Bachelor of Law from National University of Singapore.

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Key Management Team: MS. NG CHOU YUAN

Group Financial Controller

Ms. Ng Chou Yuan is the Financial Controller of our Group and is responsible for the finance and accounting matters of our Group. She joined SBME as an assistant Account Manager in September 2018 and was subsequently promoted to Financial Controller in 2022. Ms. Ng is currently a non-executive director of Primest Land V1 Pte. Ltd.

MS. NG CHOU YUAN

Group Financial Controller

Ms. Ng Chou Yuan is the Financial Controller of our Group and is responsible for the finance and accounting matters of our Group. She joined SBME as an assistant Account Manager in September 2018 and was subsequently promoted to Financial Controller in 2022. Ms. Ng is currently a non-executive director of Primest Land V1 Pte. Ltd.

Ms. Ng has more than 12 years of experience in audit and accounting. Prior to her appointment in SBME, she was an accountant at Kin Xin, a wholly-owned subsidiary of Libra Group Limited.

Ms. Ng is qualified as a Chartered Accountant of Singapore and she is a member of the Institute of Singapore Chartered Accountants.

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MS. LEI LEI

Managing Director of SBME

Ms. Lei Lei is the Managing Director of SBME, effective 1 January 2026, and oversees its business operations.

MS. LEI LEI

Managing Director of SBME

Ms. Lei Lei is the Managing Director of SBME, effective 1 January 2026, and oversees its business operations, including strategic planning, tender management, procurement, project execution, budget control, and profit-and-loss accountability. She joined SBME in October 2018 and was appointed an Executive Officer of the Company on 18 May 2023.

Ms. Lei has more than 20 years of experience in the M&E engineering services industry, with particular expertise in air-conditioning and mechanical ventilation works.

She holds a Master of Science in Mechanical Engineering from Nanyang Technological University and a Bachelor of Engineering in Construction Environment and Equipment Engineering (HVAC) from Central South University, the People’s Republic of China.

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MR. SU YAN PEI

Deputy Managing Director
Head of ACMV Department of SBME

Mr. Su Yan Pei is the Deputy Managing Director of SBME, effective 1 January 2026, and Head of its ACMV Department.

MR. SU YAN PEI

Deputy Managing Director and Head of ACMV Department of SBME

Mr. Su Yan Pei is the Deputy Managing Director of SBME, effective 1 January 2026, and Head of its ACMV Department. He is responsible for the management and execution of SBME’s air-conditioning and mechanical ventilation projects. He joined SBME in May 2023 and was appointed an Executive Officer of the Company on 2 December 2024.

Mr. Su has nearly 21 years of experience in the M&E engineering services industry, specialising in ACMV works. Before joining SBME, he was Assistant Managing Director of Great Resources M&E Contractor Pte. Ltd.

He holds a Master of Science in International Construction Management from Nanyang Technological University and a Bachelor of Engineering in Building Environment and Equipment Engineering from Dalian University of Technology, the People’s Republic of China.

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MR. SU CHANG

Deputy Managing Director
Project Director of SBME

Mr. Su Chang is the Deputy Managing Director of SBME, effective 1 January 2026, and its Project Director.

MR. SU CHANG

Deputy Managing Director and Project Director of SBME

Mr. Su Chang is the Deputy Managing Director of SBME, effective 1 January 2026, and its Project Director. He is responsible for the management and execution of projects undertaken by SBME. He joined SBME as Project Director in April 2020, was promoted to Deputy General Manager and Project Director in 2023, and was appointed an Executive Officer of the Company on 18 May 2023.

Mr. Su has more than 20 years of experience in the M&E engineering services industry, with particular expertise in plumbing, sanitary and gas systems and fire protection works. Before joining SBME, he co-founded Sintop M&E Pte. Ltd.

He holds a Bachelor of Engineering from Tongji University, the People’s Republic of China, and is a licensed plumber with Singapore’s Public Utilities Board.

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MR. YANG WENBO

Head of Department (PSG and Fire Protection) of SBME

Mr. Yang Wenbo is the Head of Department (PSG and Fire Protection) of SBME and is responsible for managing projects in respect of PSG and FP works undertaken by SBME. He joined SBME in July 2019 as a senior project manager and was subsequently promoted to the Head of Department (PSG and Fire Protection) in 2022.

MR. YANG WENBO

Head of Department (PSG and Fire Protection) of SBME

Mr. Yang Wenbo is the Head of Department (PSG and Fire Protection) of SBME and is responsible for managing projects in respect of PSG and FP works undertaken by SBME. He joined SBME in July 2019 as a senior project manager and was subsequently promoted to the Head of Department (PSG and Fire Protection) in 2022.

Mr. Yang has over 30 years of experience in the M&E engineering services industry, specialising in providing PSG works. Prior to his appointment in SBME, he was a project manager at Newcon Builders Pte. Ltd., and was briefly a senior project manager of AAL Engineering Pte. Ltd.

Mr. Yang holds a higher education in water supply and drainage from HuBei Radio and Television University, PRC.

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MS. HAU CHIU SI

Procurement Manager of SBME

Ms. Hau Chiu Si is the Procurement Manager of SBME and is in charge of the procurement department. She joined SBME as the Procurement Manager in July 2018.

MS. HAU CHIU SI

Procurement Manager of SBME

Ms. Hau Chiu Si is the Procurement Manager of SBME and is in charge of the procurement department. She joined SBME as the Procurement Manager in July 2018.

Ms. Hau has more than 18 years of experience in the area of procurement. Prior to her appointment in SBME, she was an assistant procurement manager at Kin Xin.

Ms. Hau holds an Executive Diploma in Business Administration from University of Technology, Sydney.

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MR. CHEE TEOW SIONG

Business Development Director of FG

Mr. Chee Teow Siong is the Business Development Director of FG and is responsible for business development, maintaining current business relationships with clients and consultants and identifying and building new business opportunities and partnerships of FG.

MR. CHEE TEOW SIONG

Business Development Director of FG

Mr. Chee Teow Siong is the Business Development Director of FG and is responsible for business development, maintaining current business relationships with clients and consultants and identifying and building new business opportunities and partnerships of FG.

He has more than 40 years of experience in M&E engineering services industry and project management, specializing in providing fire protection works. He joined FG since 1984 as a project manager.

Mr. Chee holds a Technical Diploma in Mechanical Engineering from Singapore Polytechnic.

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MR. LIM TECK SENG

General Manager of FG

Mr. Lim Teck Seng is the General Manager of FG and is responsible for overseeing the tendering department and project management of FG.

MR. LIM TECK SENG

General Manager of FG

Mr. Lim Teck Seng is the General Manager of FG and is responsible for overseeing the tendering department and project management of FG.

He has more than 30 years of experience in M&E engineering services industry, specializing in providing fire protection works. He joined FG since 1991 as a project manager.

Mr. Lim holds a Diploma in Mechanical Engineering from Singapore Polytechnic.

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MS. CHEE YEN MING

Deputy General Manager of FG

Ms Chee Yen Ming is the Deputy General Manager of FG and is responsible for overseeing daily operations of FG including admin, accounts, procurement and human resources department.

MS. CHEE YEN MING

Deputy General Manager of FG

Ms Chee Yen Ming is the Deputy General Manager of FG and is responsible for overseeing daily operations of FG including admin, accounts, procurement and human resources department.

She has more than 20 years of experience in human resources, accounts and procurement. She joined FG since year 2001 as accounts cum admin executive.

Ms. Chee holds a Bachelor of Arts from the National University of Singapore.

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MR. TAY YEOW KEE

Chief Executive Officer of GE

Mr. Tay Yeow Kee is the Chief Executive Officer of GE and is responsible for managing its overall business and operations and driving its strategic direction.

MR. TAY YEOW KEE

Chief Executive Officer of GE

Mr. Tay Yeow Kee is the Chief Executive Officer of GE and is responsible for managing its overall business and operations and driving its strategic direction. He joined GE on 1 January 2021. Following the Group’s acquisition of GE on 1 July 2025, he continued to lead GE and was appointed an Executive Officer of the Company on 6 November 2025.

Before joining GE, Mr. Tay was a consultant with Guthrie GTS Pte. Ltd. from 2016. He began his career in investment banking and worked with various international banks, specialising in mergers and acquisitions, initial public offerings, equity capital raising and debt capital markets.

He holds a Bachelor of Commerce from the University of Melbourne and attended INSEAD’s Global Executive Leadership Programme in 2012.

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CORPORATE MILESTONES

2018

Sunbeam was incorporated to undertake M&E engineering projects in Singapore.

2019

Sunbeam was awarded its first major contract, to provide M&E engineering services as a subcontractor for PSA Tuas Terminal Maintenance Base in Singapore with a contract sum of more than S$20 million.

2021

Sunbeam completed the M&E engineering project for PSA Tuas Terminal Maintenance Base in Singapore.
Sunbeam obtained registration of the
- ME01 (Air-Conditioning, Refrigeration & Ventilation Works) Work-head – Grade L5
- ME05 (Electrical Engineering) Work-head – Grade L5
- ME06 (Fire Prevention & Protection Systems) Work-head – Grade L3, and – ME12
ME06 (Fire Prevention & Protection Systems) Work-head – Grade L3, and – ME12
(Plumbing & Sanitary Works) Work-head – Grade L4 Sunbeam was awarded bizSAFE L4 certificate.
Incorporation of Holding Company – Ever Glory United Holdings Limited

2022

Sunbeam was accredited with ISO 9001:2015 (Quality Management System) and ISO 45001:2018 (Occupational Health and Safety Management System)
Sunbeam obtained registration of the ME15 (Integrated Building Services) Work-head – Grade L5
Sunbeam secured two (2) major contracts, to provide M&E engineering services as a subcontractor with an aggregate contract value more than S$65 million.

2023

Sunbeam obtained bizSAFE STAR certificate
Listed on the Catalist Board of the SGX-ST
Issued 84,700,000 bonus shares on the basis of one (1) bonus share to be credited as fully paid for every one (1) existing ordinary share in the capital of the Company held by our shareholders.
Incorporation of subsidiary – Ever Capital Pte. Ltd. which is principally engaged in property development business.
The Group expanded into the property development segment, pursuant to which ECPL has incorporated an entity with Primest Land Pte Ltd and Sunlit Venture Capital Pte Ltd in relation to a Geylang property
development project.

2024

The Group acquired the entire issued and paid-up share capital of Fire-Guard Engineering Pte. Ltd. (“Fire-Guard”) for a consideration amount of S$4.30 million. Fire-Guard is a graded L5 by BCA for work-head ME06 fire prevention and protection systems.
Issued 86,608,349 bonus shares on the basis of one (1) bonus share to be credited as fully paid for every two (2) existing ordinary shares in the capital of the Company held by our shareholders.
ECPL entered into a shareholders’ agreement with various parties to invest in Bayswood Pte. Ltd. (“Bayswood”) via a special purpose vehicle – Newave Solutions Pte. Ltd. (“Newave”), representing 5% equity interests in Bayswood to develop a food factory at 2C Mandai Estate, Singapore.
Successfully obtained L6 grading in electrical engineering and integrated building services, also obtained L5 grading in plumbing & sanitary works.

2025

SBME obtained an L6 grading for Air-Conditioning, Refrigeration and Ventilation Works (Workhead ME01).
The Company issued 86,635,783 bonus shares on the basis of one bonus share for every three existing ordinary shares.
The Group completed the acquisition of the entire issued and paid-up share capital of Guthrie Engineering (S) Pte Ltd for S$46,034,273. GE became a wholly owned subsidiary of the Group on 1 July 2025.
GE secured a major contract to provide electrical engineering services for Alexandra Hospital as a nominated subcontractor, with a contract value exceeding S$180 million.
The Company transferred its listing from the Catalist Board to the Mainboard of the SGX-ST on 29 December 2025.

2026

The Company allotted and issued 99,696,026 bonus shares on 14 May 2026 on the basis of one bonus share for every four existing ordinary shares. The bonus shares were listed and quoted on the SGX-ST on 18 May 2026.
Since the beginning of 2026, the Group secured approximately S$400 million in new contracts. In July 2026, its order book exceeded S$1 billion for the first time, providing earnings visibility through 2028 and beyond.
The Group expanded into Singapore’s defence infrastructure sector through a subcontract for electrical works on a Defence Science and Technology Agency project, while also securing M&E contracts for commercial mixed developments.
For the six months ended 30 June 2026, the Group reported unaudited revenue of S$103.2 million and unaudited net profit attributable to owners of S$12.7 million.
On 10 August 2026, the Company submitted an application to The Stock Exchange of Hong Kong Limited for a proposed dual primary Main Board listing and proposed global offering. The proposed listing and offering remain subject to regulatory, shareholder and other necessary approvals and may or may not proceed.