Summary:

• GDS Global Limited has completed a fully subscribed placement of 60,000,000 new shares at S$0.068 each, raising gross proceeds of S$4.08 million​

• The placement attracted prominent institutional investors, including Asdew Acquisitions and ICH Capital Pte. Ltd., with SAC Capital Private Limited serving as placement agent​

• Net proceeds will be used to: pursue larger projects locally and overseas, strengthen export sales and marketing to enter new regional markets, and provide working capital for proposed acquisitions of Asiabuild Metal Engineering Pte. Ltd. and Integrated Aluminium Pte. Ltd. announced on 1 December 2025​

• The proposed acquisitions support GDS’s strategy to diversify beyond door and shutter solutions into structural steel, metal works and architectural aluminium, aiming to broaden its revenue base and enhance earnings visibility​

• Chairman Tang Hee Sung highlighted that, following a return to profitability, the placement strengthens the balance sheet and positions GDS to capitalise on rising demand for premium insulated-fire and blast-mitigating shutters in critical infrastructure, industrial and high-security applications​

• For FY2025 (year ended 30 September 2025), GDS delivered 70.6% revenue growth to S$22.79 million, a 69.9% jump in gross profit to S$7.52 million, positive operating cash flow of S$0.67 million, and a cash balance of S$6.59 million with zero borrowings​