- SPRINGVIEW HOLDINGS LTD (SPHL) is holding its Annual General Meeting (AGM) on **October 17, 2025**, in Singapore, with the record date for voting set as **September 26, 2025**.  **[2002236_0001213900-25-092432_ea025873701ex99-1_springview.htm:0]** **[2002236_0001213900-25-092432_ea025873701ex99-1_springview.htm:1]** 
- Key proposals for shareholder vote include a potential **share consolidation** (reverse stock split) for Class A Ordinary Shares, with an accumulative ratio not exceeding **1:4,000**, which the Board has the discretion to implement within two years.  **[2002236_0001213900-25-092432_ea025873701ex99-1_springview.htm:0]** **[2002236_0001213900-25-092432_ea025873701ex99-1_springview.htm:2]** **[2002236_0001213900-25-092432_ea025873701ex99-1_springview.htm:8]** 
- Shareholders will also vote on amendments to the company's memorandum and articles of association, the re-election of five directors, and the ratification of Marcum Asia CPAs LLP as the independent registered accountant for the financial year ending December 31, 2025.  **[2002236_0001213900-25-092432_ea025873701ex99-1_springview.htm:0]** **[2002236_0001213900-25-092432_ea025873701ex99-1_springview.htm:1]** **[2002236_0001213900-25-092432_ea025873701ex99-1_springview.htm:2]** 
- The Board of Directors **unanimously recommends voting "FOR" all proposals**.  **[2002236_0001213900-25-092432_ea025873701ex99-2_springview.htm:1]** **[2002236_0001213900-25-092432_ea025873701ex99-1_springview.htm:3]** **[2002236_0001213900-25-092432_ea025873701ex99-1_springview.htm:7]** 
- As of the record date, there were **11,500,000 Class A Ordinary Shares** and **10,000,000 Class B Ordinary Shares** outstanding, with directors and officers beneficially owning **71.3% of Class A** and **100% of Class B** shares; Class B shares carry **20 votes per share**.  **[2002236_0001213900-25-092432_ea025873701ex99-1_springview.htm:3]** **[2002236_0001213900-25-092432_ea025873701ex99-1_springview.htm:6]**

SPRINGVIEW HOLDINGS LTD to hold AGM on October 17, 2025, to vote on share consolidation and other proposals

- Springview Holdings Ltd reported a **24.7% decrease in total revenue** to **S$3,734,033** for the six months ended June 30, 2025, compared to S$4,961,318 in the prior year period.  **[2002236_0001213900-25-092428_ea025848601ex99-1_springview.htm:3]**  This resulted in a **net loss of S$508,113** for the six months ended June 30, 2025, a significant decline from the net income of S$247,424 reported in the same period of 2024.  **[2002236_0001213900-25-092428_ea025848601ex99-1_springview.htm:3]** 
- The primary driver for the revenue decrease was a **47.9% reduction in new construction work**, which fell from S$4,734,096 in the six months ended June 30, 2024, to S$2,466,676 in the six months ended June 30, 2025, due to a lower volume of new projects.  **[2002236_0001213900-25-092428_ea025848601ex99-1_springview.htm:4]** 
- Conversely, the company experienced increased revenue from other construction categories for the six months ended June 30, 2025, with reconstruction work rising to **S$466,166** (from nil in 2024), A&A work increasing by **216.8%** to **S$719,903**, and other general contracting services growing to **S$81,288** (from nil in 2024).  **[2002236_0001213900-25-092428_ea025848601ex99-1_springview.htm:4]** 
- On June 17, 2025, Springview Holdings Ltd was **convicted** for failing to ensure employee safety in a 2019 construction project that resulted in injuries and one fatality, with sentencing scheduled for October 2025.  **[2002236_0001213900-25-092428_ea025848601ex99-2_springview.htm:24]**

SPRINGVIEW HOLDINGS (SPHL)