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Note: APEX Global Solutions Ltd. (APEX Proposed) revived its IPO plans with a new F-1 filing on Feb. 26, 2025 – a day after it withdrew its IPO plans on Feb. 25, 2026, in a letter to the SEC. In the new filing dated Feb. 26, 2026, APEX Global Solutions said it plans to offer 3.75 million shares at $4.00 each to raise $15 million. Background: The Singapore-based company had previously filed to go public in August 2025.
(Incorporated in the British Virgin Islands)
We provide corrosion prevention and surface preparation services to shipyards. We are based in Singapore.
We are a specialized provider of advanced corrosion prevention, surface preparation, and maintenance solutions, catering to industries where asset longevity and structural integrity are paramount. Our core services include hydro blasting and grit blasting for surface cleaning and preparation, professional coating and painting for corrosion protection, and comprehensive maintenance and repair services for vessels operating at docks and in open waters. Additionally, we offer skilled manpower supply to support marine operations, ensuring that our clients receive high-quality, efficient, and safety-compliant solutions.
We conduct our business through six subsidiaries operating in Singapore, allowing us to deliver comprehensive solutions in the marine, offshore, and industrial sectors.
We began our operations by focusing on a single shipyard—formerly known as Sembcorp Marine—where we concentrated our resources on mastering core service areas. This initial yard served as a proving ground for refining project management strategies, implementing best practices, and building a reputation for quality and reliability. Our deep understanding of site operations has enabled us to become a valued long-term partner and fostered a collaborative, growth-oriented culture.
As demand for our services grew, we have gradually expanded beyond our first shipyard, undertaking multiple projects simultaneously and building a strong track record in Singapore. Today, we have established working relationships with major shipyards in Singapore. This organic growth reflects our ability to scale responsibly while maintaining the high standards that distinguish our service offerings.
We distinguish ourselves through a commitment to quality, safety, and continuous improvement. Our mission focuses on enhancing worker expertise, improving efficiency and productivity, prioritizing environmental safety, and fostering a culture of safety awareness. We maintain a strong emphasis on training, ensuring our workforce is equipped with the necessary skills to deliver high-quality work. Our dedication to safety is reinforced by our strong compliance track record, maintaining operations with no lost-time accidents.
Note: Net income and revenue are in U.S. dollars for the 12 months that ended June 30, 2025.
(Note: APEX Global Solutions Ltd. revived its IPO plans with a new F-1 filing on Feb. 26, 2026 – 3.75 million shares at $4.00 each – to raise $15 million. The new IPO filing from APEX Global Solutions followed its withdrawal of its previous IPO plans on Feb. 25, 2026: Background: APEX Global Solutions Ltd. withdrew its IPO plans in a letter to the SEC on Feb. 25, 2026. More Background: APEX Global Solutions disclosed the terms for its previous IPO in an F-1/A filing dated Sept. 8, 2025: The company planned to offer 1.5 million shares at a price range of $4.00 to $5.00 to raise $6.75 million, according to the prospectus. APEX Global Solutions had filed its prospectus on Aug. 19, 2025, without disclosing the terms.)
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