GDS Global Limited has successfully completed the acquisition of Asiabuild Metal Engineering and Integrated Aluminium, marking a significant expansion of its business operations. The acquisition, approved by shareholders on 29 May 2026, positions GDS to diversify its revenue streams and enhance its presence in Singapore’s built environment and infrastructure sector.
The newly acquired subsidiaries, previously part of the Teambuild Construction Group, generated a combined revenue of S$12.13m and a net profit of S$1.63m in FY2025. They bring with them an order book valued at approximately S$24.4m, expected to be fulfilled between 2026 and 2028. This acquisition complements GDS’s existing door and shutter systems business by adding expertise in structural steel, metal engineering, and architectural aluminium solutions.
Tang Hee Sung, Non-Executive Non-Independent Chairman of GDS, stated, “This marks a transformative milestone in the Group’s growth journey as we expand our capabilities into broader engineering and building solution sectors.” He emphasised that the acquisition would enable GDS to capture more opportunities across Singapore’s infrastructure sectors.
SAC Capital Private Limited acted as the sponsor and financial adviser for the acquisition. Tan Kian Tiong, COO of SAC Capital, remarked on the strategic importance of the acquisition, highlighting its role in broadening GDS’s growth platform and reinforcing its development foundations.
With this strategic move, GDS aims to leverage the complementary engineering expertise and established customer relationships of its new subsidiaries to strengthen its long-term growth prospects and enhance its recurring revenue channels.
