SKK Holdings Limited announced the award of six new contracts for horizontal directional drilling and utility works in Singapore, with an aggregate value of up to US$26.6 million (S$34.1 million). Five fixed-price subcontracts totaling approximately US$19.6 million were granted by building contractors and a telecommunications operator for HDD supply and installation. A sixth subcontract valued at approximately US$7.0 million was awarded for utility works connected to a Singapore statutory board project. These awards represent the largest block of new work announced to date, reinforcing the company's core subsurface utility business in Singapore's public infrastructure market.

SKK Holdings Limited completed a registered direct offering of 770,000 Class A Ordinary Shares at $4.46 per share on August 17, 2026, raising gross proceeds of US$3,434,200. Investors paid in Tether (USDT), which the company intends to hold or convert for working capital. Post-transaction, outstanding shares total 2,875,332 Class A and 1,085,264 Class B ordinary shares. The company operates in the financial services industry.

At an extraordinary general meeting on June 22, 2026, SKK Holdings Limited shareholders approved the acquisition of substantially all drone-based technology assets from Rantizo, Inc. for $759,047 in cash and Class A ordinary shares valued at approximately $258.8 million. Shareholders also approved changing the company's name to "Rantizo," increasing authorized share capital from $500,000 to $5,000,000, and adopting amended Memorandum and Articles of Association. Additionally, the company received approval to issue over 19.99% of its outstanding Class A Ordinary Shares to facilitate the acquisition. The company operates in the technology sector, focusing on drone-based applications for agriculture, forestry, and emergency response.