Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Beng Kuang Marine Ltd. ( (SG:BEZ) ) has provided an update.
Beng Kuang Marine Limited has issued 4,068,000 new ordinary shares following the exercise of warrants at an exercise price of S$0.22 per share, increasing its issued share capital from 230,268,473 to 234,336,473 shares. The new shares will rank pari passu with existing shares and are expected to commence trading on the Singapore Exchange around 4 May 2026.
After this issuance, the company still has 48,289,110 outstanding warrants, each exercisable at S$0.22 and expiring on 3 September 2027. The move modestly enlarges the company’s equity base and leaves open further potential capital inflows if remaining warrants are exercised before expiry.
More about Beng Kuang Marine Ltd.
Beng Kuang Marine Limited is a Singapore-incorporated company operating in the marine and offshore sector through its group of subsidiaries. The Group is involved in marine engineering and related services, and its shares are listed and quoted on the Singapore Exchange Securities Trading Limited, giving it access to capital markets for funding and growth.
Average Trading Volume: 2,000,943
Technical Sentiment Signal: Buy
Current Market Cap: S$112.8M
See more data about BEZ stock on TipRanks’ Stock Analysis page.