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Recent Updates — FBGL

September 14, 2026View Source ↗

On September 13, 2026, shareholders of FBS Global Limited approved a 1-for-10 share consolidation. The resolution passed with 8,919,460 votes in favor and zero against, representing 66.07% of outstanding shares. This action reduces the number of authorized shares from 500 million to 50 million while maintaining the total authorized capital at US$500,000. The board is authorized to implement the consolidation, including handling fractional share entitlements. FBS Global Limited operates in the financial services industry, providing forex and CFD trading solutions.

September 1, 2026View Source ↗

FBS Global Limited filed a Form 6-K to announce an extraordinary general meeting scheduled for September 13, 2026, where shareholders will vote on a proposal to consolidate its ordinary shares at a ratio of one-for-ten. This reverse stock split is intended to raise the share price above Nasdaq's $1.00 minimum bid price requirement and maintain the company's listing status on the Nasdaq Capital Market under the symbol FBGL. The consolidation would increase the par value from US$0.001 to US$0.01 per share while reducing the number of authorized and issued shares by a factor of ten, with no fractional shares issued upon effectiveness. FBS Global Limited operates in the financial services industry, providing forex and CFD trading platforms.