Back 13 May 2026

GDS Announces EGM to Seek Approval from Shareholders for the Strategic Acquisition of Asiabuild Metal Engineering and Integrated Aluminium to Expand into Building Materials Solutions

  • Immediate revenue contribution and profitability and additional revenue streams as the Targets are revenue-generating businesses with established histories, and have an audited combined net profit after tax of approximately S$1.6 million for the financial year ended 31 December 2025 and S$1.9 million for the financial year ended 31 December 2024. 
     
  • Both Targets, being part of the Teambuild Construction Group of Companies, have track records serving public housing, institutional, commercial and industrial developments, with capabilities spanning structural steel fabrication, aluminium facade systems, cladding, curtain walls, and architectural metal works.
     
  • Proposed acquisition marks a strategic diversification into structural steel, metal engineering, and architectural aluminium solutions, complementing GDS’s existing door and shutter systems business.
     
  • The Enlarged Group is expected to benefit from integrated solutions, expanded engineering capabilities, broader customer reach, enhanced recurring revenue channels, and strengthened positioning within Singapore’s built environment and infrastructure sector.

See link for full release: https://investor.gdsglobal.com.sg/news.html/id/2613385