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Beng Kuang Marine Ltd. ( (SG:BEZ) ) has issued an update.
Beng Kuang Marine Limited has issued 66,925 new ordinary shares following the exercise of warrants at an exercise price of S$0.22 per share, increasing its total issued share capital from 234,336,473 to 234,403,398 shares. The new shares will rank pari passu with existing shares and are expected to commence trading on the Singapore Exchange around 8 May 2026, while 48,222,185 warrants remain outstanding, providing potential additional capital inflow if exercised before their September 2027 expiry.
More about Beng Kuang Marine Ltd.
Beng Kuang Marine Limited is a Singapore-incorporated company operating in the marine and offshore sector through a group structure. The Group is involved in marine-related services and solutions, serving customers in the maritime and related industries, and its shares are listed on the Singapore Exchange Securities Trading Limited.
Average Trading Volume: 2,345,678
Technical Sentiment Signal: Buy
Current Market Cap: S$120.7M
Learn more about BEZ stock on TipRanks’ Stock Analysis page.