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Beng Kuang Marine Ltd. ( (SG:BEZ) ) has provided an update.
Beng Kuang Marine Ltd. has announced the issuance and allotment of 52,500 new ordinary shares following the exercise of warrants at S$0.22 per share, increasing its total issued shares to 207,292,973. This move is part of the company’s ongoing capital management strategy, and the new shares will be listed on the Singapore Exchange, potentially enhancing the company’s market position and providing opportunities for stakeholders.
More about Beng Kuang Marine Ltd.
Beng Kuang Marine Ltd. is a company incorporated in Singapore, operating in the marine industry. It focuses on providing a range of services and products related to marine engineering and infrastructure.
Average Trading Volume: 609,163
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$47.67M
For detailed information about BEZ stock, go to TipRanks’ Stock Analysis page.