Royal Treasure Securities is pleased to announce its successful role as a selling group member in the initial public offering (IPO) of Skyline Builders Group Holding Ltd (SKBL). The offer comprised 1,500,000 units of the Company, priced at $4.00 per unit.
Skyline Builders Group Holding Ltd (SKBL) is an exempted company with limited liability incorporated on June 25, 2024, as a holding company. The company operates their core business as an Approved Public Works Contractor undertaking roads and drainage to their customers, in Hong Kong.
The company’s construction activities mainly include public civil engineering works, such as road and drainage work, in Hong Kong. To a lesser extent, they also participate in private sector projects. Meanwhile, the company mostly undertakes civil engineering works in the role of subcontractor, while they are also fully qualified to undertake such works in the capacity of main contractor.
Skyline Builders Group Holding Ltd began trading on the Nasdaq under the ticker symbol “SKBL” on January 23rd, 2025. Pacific Century Securities served as the sole book-running manager for the offering.