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Beng Kuang Marine Ltd. ( (SG:BEZ) ) has shared an announcement.
Beng Kuang Marine Ltd. has announced the issuance of 556,000 new ordinary shares following the exercise of warrants at an exercise price of S$0.22 per share, increasing the total number of issued shares to 207,887,973. This move is expected to enhance the company’s capital structure and could potentially impact its market positioning by providing additional financial resources for future growth and operations.
More about Beng Kuang Marine Ltd.
Beng Kuang Marine Ltd. is a company based in Singapore, operating in the marine industry. It provides a range of services and products primarily focused on marine engineering and construction, including shipbuilding, ship repair, and maintenance services.
Average Trading Volume: 2,518,326
Technical Sentiment Signal: Buy
Current Market Cap: S$70.49M
For a thorough assessment of BEZ stock, go to TipRanks’ Stock Analysis page.