Security
Skyline Builders Group Holding Limited Class A Ordinary Shares · KAZR
KAZRNASDAQCommon stockCurrentCIK 2031009Updated Nov 3, 2026
KAZR price & chart
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NASDAQ:KAZR on TradingView ↗About the company
We are an exempted company with limited liability incorporated under the laws of the Cayman Islands on June 25, 2024, as a holding company. We operate our business primarily through our indirectly wholly-owned Operating Subsidiary, Kin Chiu Engineering Limited. We operate in a single segment that represents the Company’s core business as an Approved Public Works Contractor undertaking roads and drainage to its customers in Hong Kong. Our construction activities mainly include public civil engineering works, such as road and drainage works, in Hong Kong. We mostly undertake civil engineering works in the role of subcontractor, while we are also fully qualified to undertake such works in the capacity of main contractor.
In the news
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Financials
FY 2026 · USDSource
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balance sheet · annual statements
| Line item | FY 2026 | FY 2025 |
|---|---|---|
| ASSETS | ||
| AssetsUSD | 121,760,466Source | 28,493,592Source |
| Property, Plant and Equipment, NetUSD | 325,658Source | 241,809Source |
| Current assets: | ||
| Cash and Cash Equivalents, at Carrying ValueUSD | 4,627,050Source | 718,625Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 7,465,036Source | 10,032,305Source |
| Assets, CurrentUSD | 67,354,993Source | 22,408,287Source |
| Prepaid Expense and Other Assets, CurrentUSD | 8,630,554Source | 7,020,687Source |
| Operating Lease, Right-of-Use AssetUSD | 135,708Source | 162,886Source |
| LIABILITIES AND EQUITY | ||
| LiabilitiesUSD | 42,141,609Source | 19,901,469Source |
| Stockholders’ equity: | ||
| Retained Earnings (Accumulated Deficit)USD | -4,708,368Source | 2,821,784Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -251,239Source | 5,338Source |
| Stockholders' Equity Attributable to ParentUSD | 79,618,857Source | 8,592,123Source |
| Additional Paid in Capital, Common StockUSD | 82,342,816Source | 5,764,699Source |
| Liabilities and EquityUSD | 121,760,466Source | 28,493,592Source |
| Current liabilities: | ||
| Liabilities, CurrentUSD | 22,510,682Source | 19,840,407Source |
| Operating Lease, Liability, CurrentUSD | 76,271Source | 115,372Source |
| Accounts Payable, CurrentUSD | 1,935,086Source | 1,797,735Source |
| Operating Lease, Liability, NoncurrentUSD | 52,411Source | 26,700Source |
| Other Liabilities, NoncurrentUSD | 11,055Source | 34,362Source |
| Additional Financial Items | ||
| Accrued Liabilities, CurrentUSD | 2,901,575Source | 1,704,763Source |
| Long-term Debt, Current MaturitiesUSD | 11,982,316Source | 12,044,435Source |
cash flow · annual statements
| Line item | FY 2026 | FY 2025 |
|---|---|---|
| Cash flows from operating activities: | ||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation, Depletion and AmortizationUSD | 370,001Source | 802,930Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 2,235,000Source | — |
| Changes in operating assets and liabilities: | ||
| Increase (Decrease) in Accounts ReceivableUSD | 5,728,964Source | 2,220,351Source |
| Increase (Decrease) in Accounts PayableUSD | 151,471Source | -245,877Source |
| Deferred Income Tax Expense (Benefit)USD | -1,352,524Source | -51,267Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -2,845,066Source | -3,005,991Source |
| Cash flows from investing activities: | ||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | -1,763Source | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -23,202,472Source | -1,612,158Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 205,878Source | — |
| Cash flows from financing activities: | ||
| Payments for Repurchase of Common StockUSD | 7,000,000Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 76,076,480Source | 5,011,152Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 50,106,175Source | 395,030Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 50,824,800Source | 718,625Source |
| Supplemental disclosure of cash flow information: | ||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 771,946Source | 891,379Source |
| Income Taxes Paid, NetUSD | -143,336Source | -177,098Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 77,233Source | 2,027Source |
| Additional Financial Items | ||
| Share-based Payment Arrangement, ExpenseUSD | 2,235,000Source | — |
| DepreciationUSD | 144,669Source | 356,025Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | 9,950Source |
| Gain (Loss) on Extinguishment of DebtUSD | 3,655,804Source | — |
| General and Administrative ExpenseUSD | 7,181,105Source | 1,360,051Source |
| Income (Loss) from Equity Method InvestmentsUSD | 4,048Source | 5,528Source |
| Income Tax Expense (Benefit)USD | -1,176,560Source | 179,325Source |
| InterestExpenseNonoperatingUSD | 771,946Source | 891,379Source |
| Net Income (Loss) Attributable to ParentUSD | 9,063,802Source | 727,447Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -7,530,152Source | — |
| Nonoperating Income (Expense)USD | 19,966,422Source | -652,702Source |
| Operating ExpensesUSD | 15,377,179Source | 1,365,366Source |
| Operating Lease, ExpenseUSD | 145,061Source | 262,304Source |
| Other Operating Income (Expense), NetUSD | 19,966,422Source | — |
| Unrealized Gain (Loss) on InvestmentsUSD | 23,437,041Source | — |
income statement · annual statements
| Line item | FY 2026 | FY 2025 |
|---|---|---|
| Total RevenueUSD | 50,111,828Source | 46,009,519Source |
| Cost of Goods and Services Sold | —Source | —Source |
| Operating Income (Loss)USD | -12,083,228Source | 1,553,946Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 7,887,242Source | 906,772Source |
| Income Tax Expense (Benefit)USD | -1,176,560Source | 179,325Source |
| Net Income (Loss) Attributable to ParentUSD | 9,063,802Source | 727,447Source |
| Earnings Per Share, BasicUSD per share | -0.18Source | 0.03Source |
| Earnings Per Share, DilutedUSD per share | -0.18Source | 0.03Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 40,935,899Source | 28,812,740Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 40,935,899Source | 28,812,740Source |
| Interest Expense (non-operating)USD | 771,946Source | 891,379Source |
| Additional Financial Items | ||
| Current Income Tax Expense (Benefit)USD | 175,964Source | 230,592Source |
| General and Administrative ExpenseUSD | 7,181,105Source | 1,360,051Source |
| Gross ProfitUSD | 3,293,951Source | 2,919,312Source |
| Income (Loss) from Equity Method InvestmentsUSD | 4,048Source | 5,528Source |
| Interest ExpenseUSD | 16,348Source | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -7,530,152Source | — |
| Nonoperating Income (Expense)USD | 19,966,422Source | -652,702Source |
| Operating ExpensesUSD | 15,377,179Source | 1,365,366Source |
| Operating Lease, ExpenseUSD | 145,061Source | 262,304Source |
| Other ExpensesUSD | — | 652,702Source |
| Other General and Administrative ExpenseUSD | 1,133,708Source | 687,695Source |
| Other Operating Income (Expense), NetUSD | 19,966,422Source | — |
Offerings
Registration 333-291550
Registration 333-290172
Registration 333-285283
Registration 333-282720
- Gross proceeds
- 6000000.0
- Net proceeds
- 5550000.0
- Deal price
- 4.0
- Shares
- 1500000
- Offering price
- market-price
- Ticker
- SKBL
Filing attachments
ea031044801ex99-1.htm · 6-K · 2026-11-02
Exhibit 99.1 Skyline Builders Group Holding Provides Update on Previously Announced Business Combination Agreement with Cove Kaz Capital Skyline and Cove Kaz have mutually terminated their previously announced business combination agreement, and Cove Kaz now expects to list on a major U.S. stock exchange via a direct listing during 1H 2027. Cove Kaz has secured a new capital commitment of $32 million at $8/ share implying an equity valuation of approximately $2 billion for Cove …
Read attachment ↗ea029980501ex4-7.htm · 20-F · 2026-08-17
Exhibit 4.7 DATED: 17 November 2025 Mr. Lam Ngo Chiu (as vendor) and Skyline Builders (BVI) Holding Limited (as purchaser) AGREEMENT for the sale and purchase of shares in Kin Chiu Development Company Limited THIS AGREEMENT is made on the 17th day of November 2025 BETWEEN: (1) Mr. Lam Ngo Chiu, an individual with Hong Kong Identity Number [***], residing at [***] (the “Vendor”); and (2) SKYLINE BUILDERS (BVI) HOLDING LIMITED, a company …
Read attachment ↗ea030151601ex99-1.htm · 6-K · 2026-08-17
Exhibit 99.1 Skyline Builders Group Holding Acquires Two Highly Prospective Gold and Silver Mineral Properties in Nevada Company acquired the properties ahead of its pending, transformative business combination with Cove Kaz Resources Cove Kaz Resources is advancing strategic resource projects in Kazakhstan focused on tungsten Company’s Nevada purchases diversify its property portfolio into precious metals -- and the world’s highest ranked mining jurisdiction -- with two propert…
Read attachment ↗ea029798401ex99-1.htm · 6-K · 2026-07-15
Exhibit 99.1 Skyline Builders Group Holding Adds John M. Melkon to Board of Directors John M. Melkon will join board of directors as a director and act as a consultant to the Company immediately. Melkon, a thirty-year veteran of negotiating critical material supply chains for USA in challenging geopolitical situations, brings significant operating experience to the board of directors. Most recently, Melkon has been Director and an Assistant Professor at the United States Mili…
Read attachment ↗ea029489201ex99-1.htm · 6-K · 2026-06-16
Exhibit 99.1 Skyline Builders Group Holding Limited to Change Ticker Symbol to “KAZR” Ahead of Expected Combination with Cove Kaz Ticker Change Effective June 17, 2026, Reflects the Company’s Pending Combination With Cove Kaz Capital Group LLC. GRAND CAYMAN, CAYMAN ISLANDS, June 16, 2026 (GLOBE NEWSWIRE) -- Skyline Builders Group Holding Limited (Nasdaq: SKBL) today announced it will change its Nasdaq ticker symbol from SKBL to KAZR, effective June 17, 2026, in anticipation of its pending bus…
Read attachment ↗ea028844601ex99-1.htm · 6-K · 2026-04-30
Exhibit 99.1 Skyline Builders Group Holding Ltd and Cove Kaz Capital Group LLC Announce Merger Agreement Acquisition of Largest Known Undeveloped Tungsten Resource Globally Export-Import Bank of the United States (EXIM) has issued a Letter of Interest for up to $900 million in financing as part of EXIM's Supply Chain Resiliency Initiative U.S. International Development Finance Corporation (DFC) has issued a Letter of Interest for up to $700 million for both debt financing and proje…
Read attachment ↗