Hong Kong, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Skyline Builders Group Holding Limited (NASDAQ: SKBL) (the “Company”), a civil engineering services provider in Hong Kong, today announced that on August 24, 2025, its Board of Directors approved a proposal to consolidate the Company’s authorized, issued, and outstanding shares (“Share Consolidation”). The proposal will be presented for shareholder approval at an upcoming extraordinary general meeting. Under the proposal to be presented at the upcoming extraordin ...

Core Viewpoint - SKK Holdings Limited has received a notification from Nasdaq indicating that it no longer meets the minimum bid price requirement for continued listing, with a compliance period until October 13, 2025 to regain compliance [1][2][3]. Group 1: Compliance and Listing Requirements - The company has a compliance period of 180 calendar days to regain compliance with Nasdaq's continued listing requirement, specifically the minimum bid price of $1 per share [2]. - If the company fails to regain compliance within this period, it may be eligible for an additional 180 days if it meets other listing standards and provides written notice of its intention to cure the deficiency [2]. - The notification does not result in immediate delisting, and the company's shares will continue to trade under the symbol "SKK" [3]. Group 2: Company Overview - SKK Holdings Limited specializes in civil engineering services, particularly subsurface utility works in Singapore, with over 10 years of experience in public utility projects [4]. - The company focuses on planning, constructing, and maintaining various public works and infrastructure projects that serve societal and environmental needs [4].