US/UK/Canada

Share

Pick a time period -
Tags ( Active)

Extraordinary General Meeting of SIBS AB (publ)

The board of SIBS AB (publ) decided today to withdraw and put on hold the proposals to the Extraordinary General Meeting due to ongoing discussions regarding the terms and size of the ongoing rights issue.   For more information, please contact: Håkan Brown CFO, SIBS AB hb@sibs.se     The information was submitted for publication, through the contact personabove, at 15.55 CEST on 4 June 2026.SIBS was founded in 2016 and is today one of the world’s leading modularbuilding manufacturers. With an annual scalable capacity of up to around 6,000homes, or 12,000

SIBS signs Preconstruction Agreement for 800 units in one of Europe’s largest urban regeneration projects

SIBS AB (publ) is pleased to announce that its subsidiary SIBS Sdn Bhd has been appointed as design and preconstruction partner for a landmark student accommodation and hotel development within one of Europe’s largest urban regeneration projects, located in one of the largest cities in Southern Europe. The urban development spans millions of square meters centrally located within the city, incorporating residential, commercial, educational, cultural and leisure uses.   SIBS has been engaged to deliver the design of approximately 800 units of premium student accommodation within the

SIBS signs ECI Agreement for residential housing portfolio in Perth, Australia

SIBS AB (publ) is pleased to announce that it has signed an Early Contractor Involvement (ECI) Agreement for a co-living development in Western Australia. The customer is an Australian property developer with a large portfolio focused on mixed use, residential, and co-living solutions. SIBS and the customer plan to jointly deliver this first project in a transformational residential housing portfolio across the Perth metropolitan area. The combined pipeline represents 700 residential apartments, with the first project targeting approximately 6,000 m² gross floor area. The ECI phase will

SIBS AB (publ) – Delay in publication of quarterly report

SIBS AB (publ) ("SIBS" and together with its subsidiaries from time to time the "Group") today announces that it intends to delay the publication of the quarterly interim unaudited consolidated report of the Group and the quarterly interim unaudited unconsolidated report of SIBS for the period ending 31 March 2026 (the "Q1 Report"). The work relating to finalizing the audited financial statements of the Group for 2025 is ongoing and SIBS intend to publish the Q1 Report and the audited financial statements for 2025 concurrently to avoid discrepancies in reported figures.   SIBS intend

SIBS AB (publ) – Approval of written procedure

SIBS AB (publ) ("SIBS") today announces the successful completion of the written procedure that was initiated 9 April 2026 (the "Written Procedure") in relation to SIBS' senior secured bonds with ISIN SE0023112487 (the "Bonds") regarding requesting the holders of the Bonds to vote in favour of certain proposed amendments to the terms and conditions of the bonds, comprising (i) the disapplication of the maintenance covenants in respect of the reference period ending on 31 March 2026 and (ii) certain amendments to the reporting undertakings to permit SIBS to publish its consolidated audited

Changes in SIBS´ Executive Management

SIBS AB (publ) today announces that Johan Dufvenmark has decided to leave his position as CFO to pursue new opportunities outside the Group. Boon Chien Lee (“BC”), currently CFO of SIBS Malaysia, will assume the role of interim CFO for SIBS Group. The transition ensures continuity in the Group's financial leadership as the business continues its growth journey.  "I would like to express my sincere thanks to Johan for his valuable contributions to SIBS. During his time as CFO, Johan has shown great commitment, and I wish him every success in the future. We are also pleased that BC is

SIBS AB (publ) – Initiates a written procedure

SIBS AB (publ) ("SIBS") today announces that it has instructed the agent for SIBS' senior secured bonds with ISIN SE0023112487 (the "Bonds") to initiate a written procedure to request the holders of the Bonds to vote in favour of certain proposed amendments to the terms and conditions of the bonds, comprising (i) the disapplication of the maintenance covenants in respect of the reference period ending on 31 March 2026 and (ii) certain amendments to the reporting undertakings to permit SIBS to publish its consolidated audited annual financial statements within six (6) months of the end of

SIBS AB (publ) – Announcement of agreements in principle with bondholders

SIBS AB (publ) ("SIBS") today announces that it has reached an agreement in principle with certain bondholders representing 69 per cent of the adjusted outstanding nominal amount of SIBS' senior secured bonds with ISIN SE0023112487 (the "Bonds") in respect of making certain amendments to the terms and conditions of the Bonds (as further set out below) to reflect covenant light financing terms, subject to, amongst other things, (a) SIBS and its subsidiaries undertaking to raise, and being successful in raising, no less than SEK 400,000,000 in new equity, and (b) SIBS redeeming of Bonds in an

SIBS AB’s subsidiary SIBS SDN BHD issues MYR 190 million bond under existing IMTN Programme

SIBS AB's subsidiary, SIBS SDN BHD has successfully issued a new unsecured bond of MYR 190m under the established IMTN Programme in Malaysia on 2 Mar 2026. The new bond carries a tenure of 4 years. The proceeds of the new bond will be utilised for, amongst others, refinancing its existing unsecured bond of MYR 125m. The refinancing extends the maturity profile of SIBS Malaysia’s debt and supports continued operational stability and business development in the region. Affin Hwang Investment Bank Berhad, AmInvestment Bank Berhad and HSBC Amanah Malaysia Berhad are Joint Lead Managers

SIBS announces second major construction project in Australia

SIBS AB (publ) is pleased to announce that its subsidiary SIBS Sdn Bhd, today has signed an agreement with a major Southeast Asia-based property developer to start the design and construction planning for a hotel development in Port Hedland, Australia.   The hotel will feature 302 rooms across two buildings of six and five storeys, located on the coastline at Port Hedland, supporting the region’s growing demand.SIBS will supply the modular units for the development in collaboration with a local Australian principal contractor. The design phase is expected to be completed in March, with

SIBS, through partner Capsule Technology, secures first modular classroom pilot project for Malaysian public schools

SIBS Sdn Bhd (SIBS), a leader in advanced modular construction, is pleased to announce that it has signed a contract to deliver its first pilot modular classroom project for a Malaysian public school. This milestone was achieved through its strategic partnership with Capsule Technology Sdn Bhd. The pilot project will be implemented at SK Tan Sri Awang Had Salleh and serves as a vital proof-of-concept (POC) for the Ministry of Education Malaysia (KPM). The initiative aims to demonstrate how modular and Industrialized Building System (IBS) technology can be rapidly deployed within existing

SIBS Secures Second UK Order – Student Housing Project in Edinburgh

SIBS AB (Publ) is proud to announce its second order in the United Kingdom. SIBS has signed a supply agreement with Donard Real Estate to supply modules for the construction of a purpose-built student accommodation (PBSA) project in Edinburgh, Scotland. The project consists of 134 student housing units and is targeted to be delivered during 2026. This milestone marks another significant step in SIBS’ continued expansion in the UK and strengthens the company’s position within the fast‑growing student housing segment. The UK faces a severe housing shortage, and the current pace of

LINQ Modular and SIBS join forces to scale industrialised construction in Middle East

SIBS AB (publ) (“SIBS”) an international specialist in industrialised, volumetric modular construction, today signed a strategic collaboration with LINQ Modular, part of ALEC Holdings, to accelerate the delivery of large-scale, high-quality modular developments across the Middle East.   The collaboration brings together SIBS’ proven global manufacturing capability with LINQ’s on-the-ground delivery expertise and ALEC Holdings’ deep regional construction experience. Together, the companies aim to unlock the next phase of industrialised construction in the region, delivering faster,

SIBS reorganises and grants global IP licence to accelerate industrial growth

SIBS AB (publ) (“SIBS”) today announces a key milestone in consolidating and strengthening its industrial building system and modular production platform under a more focused industrial group structure, SIBS Modular.As part of this process, SIBS has taken strategic actions to further establish SIBS Malaysia as a central operating entity within the Modular structure, supporting long-term scalability, industrial execution and international market expansion.   Establishment of SIBS Modular structureAs previously announced, SIBS has for an extended period been preparing to consolidate

SIBS AB divests property management subsidiary Sveaviken PM

SIBS AB (publ) has finalized the divestment of its property management subsidiary, Sveaviken PM, to Red Pathway BidCo AB, a company backed by Fidelio. Sveaviken PM will continue to be run as an independent company as per today. The transaction is a strategic step that enables SIBS to sharpen its focus on its core business: industrial production of modular buildings. Sveaviken PM was established in 2023 when SIBS reorganized its business to separate property management from its industrial operations. Since then, the company has grown rapidly, attracting a growing portfolio of external

SIBS Market update summary

SIBS has undergone a significant transformation in recent years, evolving from a Swedish residential developer into a global provider of modular building solutions. With a strong international presence in the UK, Australia, Southeast Asia, and the Middle East, the company enters 2026 with renewed momentum and strategic focus. Despite challenges in 2025, particularly in Saudi Arabia where delayed contract awards impacted factory utilization, SIBS has stabilised and strengthen its balance sheet and intensified its business development efforts and built a robust pipeline of projects. This

SIBS announces share issues of approximately SEK 100 million

The board of directors of AB (publ) has resolved on new share issues of approximately SEK 100 million within the capital raising framework granted by the annual general meeting. The total proceeds of the new share issues can be increased through an over-allotment option.   SIBS AB (publ) has, as previously announced, during 2025 raised approximately SEK 350 million through a rights issue, with an additional approximately SEK 170 million raised through the conversion of a convertible loan and a directed share issue.     For further information, please contact: Johan

SIBS announces first hotel construction project in Australia

SIBS AB (publ) is proud to announce the signing of a contract with Baracus Pty Ltd. for a hotel construction project in Kalgoorlie, Western Australia.   The project comprises of delivering modules for a hotel with 212 keys or approximately 7,700 m2. The contract signed between SIBS and Baracus allows SIBS to start design services procurement for important components with longer lead times. The parties will finalize design and during November, preparing the ground for a production start in early Q1 2026 and delivery of modules to site during Q2 2026. This demonstrates the speed at which

SIBS signs first Australian order for ancillary dwelling units (ADU)

SIBS AB (Publ) is proud to announce the signing of its first order in Australia for the delivery of 50 ancillary dwelling units (ADU). This milestone marks SIBS’ entry into the Australian market with a scalable concept designed to address urgent housing needs. The units will be produced with SIBS’ advanced modular building technology, ensuring high quality, rapid deployment, and compliance with local standards. The order is expected to be delivered in Q1 2026, subject to approved planning and site access.  “This first order in Australia is an important step in proving how our ADU

SIBS AB’s subsidiary SIBS SDN BHD issues senior unsecured of MYR 220 million

SIBS AB’s (publ) subsidiary, SIBS SDN BHD (SIBS Malaysia), have successfully issued senior unsecured bonds amounting to MYR 220 million, corresponding to approximately 500 MSEK, with a tenor of four years, under the existing IMTN program in Malaysia. The net proceeds from the bond issue will be used to refinance debt as well as for working capital requirements and business development purposes. HSBC Amanah Malaysia Berhad, Affin Hwang Investment Bank Berhad and AmInvestment Bank Berhad acted as joint bookrunners of the bonds.   For more information, please contact: Johan

SIBS AB (publ) – Approval of written procedure to amend the terms and conditions of its outstanding SEK 1,000,000,000 bonds

SIBS AB (publ) today announces the successful completion of the written procedure that was initiated 11 July 2025 (the "Written Procedure") in relation to SIBS AB’s outstanding SEK 1,000,000,000 senior bonds with ISIN SE0023112487 (the "Bonds"), regarding certain amendments to the terms and conditions of the Bonds (as specified in the notice to the Written Procedure) (the "Proposal").   A sufficient number of bondholders participated in the Written Procedure in order to form a quorum, and a requisite majority of the bondholders voted in favour to approve the Proposal.   The

Correction: SIBS Sdn Bhd and Berjaya Land Group sign MoU to develop sustainable modular homes in Greenland

Correction: This release updates the construction timeline in the version published on July 15. Construction will begin in early 2026, with SIBS expected to complete its delivery by July 2026.   On June 16, SIBS Sdn Bhd signed a Memorandum of Understanding (MoU) with Berjaya Land Group to bring sustainable, high-quality modular homes to Greenland. This is a key step in the companies’ shared ambition to expand innovative housing solutions to new markets.   The project, which is currently in the planning and design phase, will be carried out by Berjaya Greenland Invest A/S, a

SIBS Sdn Bhd and Berjaya Land Group sign MoU to develop sustainable modular homes in Greenland

On June 16, SIBS Sdn Bhd signed a Memorandum of Understanding (MoU) with Berjaya Land Group to bring sustainable, high-quality modular homes to Greenland. This is a key step in the companies’ shared ambition to expand innovative housing solutions to new markets. The project, which is currently in the planning and design phase, will be carried out by Berjaya Greenland Invest A/S, a wholly owned subsidiary of Berjaya Land. The project, with a gross development value (GDV) of RM170 million (SEK 380 million) will consist of 66 apartment units across eight blocks in Nuuk, Greenland's

There are no items matching the current filter
There are no more items matching the current filter
Back to top

Subscribe

Media