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Beng Kuang Marine Secures $4.94 Million Crane Supply Contract

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Beng Kuang Marine Secures $4.94 Million Crane Supply Contract

Confident Investing Starts Here:

The latest update is out from Beng Kuang Marine Ltd. ( (SG:BEZ) ).

Beng Kuang Marine Ltd.’s subsidiary, International Offshore Equipments Pte Ltd, has secured a contract to supply five 30-ton knuckle boom cranes to a customer in India, valued at approximately US$4.94 million. This contract, commencing in May 2025 and expected to complete by January 2029, is not anticipated to significantly impact the company’s financial metrics for the current fiscal year.

More about Beng Kuang Marine Ltd.

Beng Kuang Marine Ltd. is a company based in Singapore, operating in the marine industry. It focuses on providing marine engineering services and equipment, including offshore equipment through its subsidiaries.

Average Trading Volume: 901,235

Technical Sentiment Signal: Buy

Current Market Cap: S$38.05M

For detailed information about BEZ stock, go to TipRanks’ Stock Analysis page.

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