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Beng Kuang Marine Ltd. ( (SG:BEZ) ) has provided an update.
Beng Kuang Marine Ltd. has received approval in principle from the Singapore Exchange Securities Trading Limited (SGX-ST) for the listing of 5,036,665 Compensation Shares on its Main Board. This approval follows an extraordinary general meeting where shareholders approved the Compensation Share Issuance. The company plans to issue and allot these shares to relevant employees within seven market days, adhering to SGX-ST’s listing requirements and conditions.
More about Beng Kuang Marine Ltd.
Beng Kuang Marine Ltd. is a company incorporated in Singapore, operating in the marine industry. It focuses on providing a range of services including marine engineering, construction, and maintenance solutions.
YTD Price Performance: -13.64%
Average Trading Volume: 901,221
Technical Sentiment Signal: Sell
Current Market Cap: S$37.85M
Learn more about BEZ stock on TipRanks’ Stock Analysis page.