SHS Holdings Completes Disposal of SED Energy Shares,Realizing Approximately S$28.8 Million in Proceeds

NewTimeSpace News: On March 25, 2026, SHS Holdings issued an announcement stating the formal completion of the previously proposed disposal of its equity interest in SED Energy. The transaction was conducted through an off-market block trade via Arctic Securities AS, a full-service independent global investment bank, with settlement of the transaction expected to take place on March 26.

It is reported that SHS disposed of 28,289,977 ordinary shares in SED Energy in this transaction, realizing gross proceeds of approximately S$28.8 million. According to the announcement, following the completion of this equity disposal, SHS has fully divested its entire shareholding in SED Energy, which has officially ceased to be an investment target of SHS.

SHS is principally engaged in the design and construction of steel, aluminium and glass structures, anti-corrosion services, as well as solar energy-related businesses.

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