Sin Lian Seng Construction, a Singapore-based distributor of fasteners and solar power systems, filed on Friday with the SEC to raise up to $28 million in an initial public offering.
The company plans to raise $28 million by offering 6.3 million shares at a price range of $4 to $5. At the midpoint of the proposed range, Sin Lian Seng Construction would command a market cap of $73 million.
Sin Lian Seng Construction is a Singapore-based fastener supplier, providing bolts, nuts, and other industrial components to customers in the construction, mechanical and electrical, maritime, and manufacturing sectors. In June 2025, the group acquired Lumenx Energy and expanded into solar photovoltaic engineering, procurement, and construction services in Singapore.
The Singapore-based company was founded in 1986 and booked $6 million in revenue for the 12 months ended December 31, 2025. It plans to list on the Nasdaq under the symbol ININ. Sin Lian Seng Construction filed confidentially on December 19, 2025. Kingswood Capital Markets is the sole bookrunner on the deal.
