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Beng Kuang Marine Ltd. ( (SG:BEZ) ) just unveiled an announcement.
Beng Kuang Marine Limited has issued and allotted 5,700 new ordinary shares at an exercise price of S$0.22 per share following the exercise of warrants, increasing its total issued share capital from 208,987,973 to 208,993,673 shares. The newly issued shares will rank equally with existing shares and are expected to be listed on the Singapore Exchange around 4 February 2026, while 58,006,910 warrants remain outstanding, providing the company with potential additional equity funding if further exercises occur before their expiry in September 2027.
The most recent analyst rating on (SG:BEZ) stock is a Hold with a S$0.32 price target. To see the full list of analyst forecasts on Beng Kuang Marine Ltd. stock, see the SG:BEZ Stock Forecast page.
More about Beng Kuang Marine Ltd.
Beng Kuang Marine Limited is a Singapore-incorporated marine and offshore services group, with operations conducted through its subsidiaries. The company is listed on the Singapore Exchange Securities Trading Limited and operates within the broader maritime and marine engineering sector.
Average Trading Volume: 351,283
Technical Sentiment Signal: Buy
Current Market Cap: S$59.56M
For detailed information about BEZ stock, go to TipRanks’ Stock Analysis page.