SKK HOLDINGS TO CONSOLIDATE SHARES ON APRIL 6, 2026

(SeaPRwire) –   SINGAPORE, April 01, 2026 — SKK Holdings Limited (“SKK” or the “Company”) (Nasdaq: SKK), a civil engineering service provider specializing in subsurface utility works in Singapore, today announced that its board of directors approved on March 25, 2026, a 10-for-1 consolidation of the Company’s authorized, issued, and outstanding shares, with the marketplace effective date set for April 6, 2026.

The primary goal of this share consolidation is to enable the Company to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing status on Nasdaq.

Commencing with the opening of trading on April 6, 2026, the Company’s Class A ordinary shares will trade on the Nasdaq Capital Market on a split-adjusted basis. They will continue to use the same symbol “SKK” but will be assigned a new CUSIP number, G8292E110.

As a direct consequence of the share consolidation, every 10 ordinary shares currently outstanding will automatically combine and convert into one issued and outstanding ordinary share, requiring no action from shareholders. The total number of issued and outstanding ordinary shares of the Company will be proportionally reduced from 24,375,000 to approximately 2,437,500, subject to adjustments for rounding. No fractional shares will be issued to any shareholders in connection with this consolidation; instead, each shareholder will receive one full share of the Company in lieu of any fractional share of that class that would have resulted from the consolidation.

About SKK Holdings Limited

SKK Holdings Limited operates as a civil engineering service provider, focusing on subsurface utility projects within Singapore. The company is dedicated to planning, constructing, and maintaining diverse public works and infrastructure initiatives that benefit both society and the environment. With more than a decade of experience, SKK has delivered civil engineering services to clients across Singapore through numerous public utility ventures, such as power and telecommunication cable installation, water pipeline construction, and sewer rehabilitation.

Safe Harbor Statement

This press release includes forward-looking statements that represent our current outlook and perspectives on future occurrences. Various known and unknown risks, uncertainties, and other elements, including those detailed under “Risk Factors,” could lead to our actual results, performance, or achievements differing significantly from what is expressed or suggested by these forward-looking statements. Such statements can often be recognized by terms or phrases like “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue,” or similar expressions. Our forward-looking statements are largely founded on our present expectations and forecasts regarding future events that we believe could influence our financial health, operational outcomes, business strategy, and funding requirements. These statements inherently carry various risks and uncertainties. Unless mandated by law, we disclaim any obligation to publicly update or amend any forward-looking statements, whether due to new information, future developments, or otherwise, subsequent to their original publication date, or to account for unforeseen events. All our forward-looking statements are subject to these cautionary remarks.

Contact:

Phaik Shya Koay
Financial Controller
Telephone +65 6334 3831
kelly.koay@skkworks.com.sg