FBS Global, which provides interior design and fit-out services in Singapore, raised $10 million by offering 2.3 million shares at $4.50, the low end of the range of $4.50 to $5.00.
FBS Global states that it is an established interior design and fit-out specialist in Singapore. Its scope of services includes design, supply, and installation of ceilings, partitions, timber deck, carpet, lead lining, acoustic wall panel, built-in furnishing, carpentry, and mechanical and electrical services. The company also undertakes main construction and building works projects.
FBS Global plans to list on the Nasdaq under the symbol FBGL. WallachBeth Capital acted as sole bookrunner on the deal.
