Correspondence 0001493152-23-003026 from FBS Global Ltd (FBGL) (CIK 0001938534) (FBGL)
FBS Global Ltd (FBGL) (CIK 0001938534)
Date: Jan. 30, 2023 · CIK: 0001938534 · Accession: 0001493152-23-003026
AI Filing Summary & Sentiment
Referenced dates: December 19, 2022
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CORRESP
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filename1.htm
FBS
Global Limited
74
Tagore Lane, #02-00
Sindo
Industrial Estate
Singapore
787498
January
30, 2023
VIA
EDGAR
Securities
and Exchange Commission
Division
of Corporation Finance
Washington,
D.C. 20549
Attention:
Thomas Jones
Re:
FBS
Global Limited
Draft
Registration Statement on Form F-1
Submitted
December 5, 2022
CIK
No. 0001938534
Ladies
and Gentlemen:
By
letter dated December 19, 2022, the staff (the “Staff”) of the Securities and Exchange Commission (the “Commission”)
provided FBS Global Limited (the “Company”) with comments on the Company’s draft Registration Statement on Form F-1,
described above.
This
letter contains the Company’s responses to the Staff’s comments. The numbered responses and the headings set forth below
correspond to the numbered comments and headings in the Staff’s letter to the Offering Statement.
Concurrently
herewith, the Company is publicly filing a Registration Statement on Form F-1.
Amendment
No. 3 to Draft Registration Statement submitted December 5, 2022
Summary
Compensation Table, page 93
1.
We
note your response to prior comment 2. Please tell us how you determined the salary amounts for Mr. Chew and Mr. Ang that are disclosed
in the table on page 93 in view of the monthly salaries disclosed in the Employment Agreements section on page 93.
We
have revised the disclosure on page 93, as requested.
Securities
and Exchange Commission
Division
of Corporation Finance
Attention:
Thomas Jones
Page
2
Related
Party Transactions, page 95
2.
We
note your revisions in response to prior comment 3. Please update the disclosure as of the most recent practicable date. Currently,
your disclosure is as of June 30, 2022.
We
have revised the disclosure, as requested.
Consolidated
Financial Statements, page F-1
3.
Please
update the financial statements and related disclosures included in the registration statement in accordance with the guidance outlined
in Item 8.A.5 to Form 20-F to include at least the six month period ended June 30, 2022.
We
have updated the financial statements and related disclosures, as requested.
If
you have any questions regarding this response, please direct them to our counsel David Ficksman at 310-789-1290 or dficksman@troygould.com
or Joilene Wood at 415-305-4651 or jwood@troygould.com.
Sincerely,
FBS
Global Limited
/s/
Kelvin Ang
By:
Kelvin
Ang
Chief
Executive Officer
cc:
David
L. Ficksman
R.
Joilene Wood