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08 Jun 2026
GDS Completes Strategic Acquisition of Asiabuild Metal Engineering and Integrated Aluminium; Diversifying Revenue Base and Harnessing New Growth Opportunities within Singapore’s Built Environment and Infrastructure Sector
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Completion of the strategic acquisition of Asiabuild Metal Engineering and Integrated Aluminium, which have become wholly-owned subsidiaries of the Group.
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Immediate revenue contribution and profitability as well as additional revenue streams as both companies generated revenue of S$12.13 million and net profit of S$1.63 million in FY2025, with net cash flows from operating activities of approximately S$2.67 million.
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Based on contracts and purchase orders secured by both companies, the order books amounted to approximately S$24.4 million that are expected to be fulfilled over 2026 to 20281, barring unforeseen circumstances.
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Complementing GDS’s existing door and shutter systems business, the acquisition strengthens the Group’s building solutions capabilities through expanded expertise in structural steel, metal engineering, and architectural aluminium solutions.
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Through a more integrated and diversified engineering solutions platform, the Group is better positioned to harness broader opportunities across Singapore’s built environment and infrastructure sectors with broader customer reach and enhanced recurring revenue channels.
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SAC Capital Private Limited (“SAC Capital”) is the sponsor and financial adviser to the Company in respect of the Acquisition.