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BH Global Corporation Limited ( (SG:BQN) ) has issued an announcement.
BH Global Corporation Limited has announced an update on the potential spin-off listing of its subsidiary, Sea Forrest International Ltd (SFI). SFI has submitted a public filing for the spin-off, which involves restructuring to list with SFTS as its wholly-owned subsidiary. This move is expected to enhance the company’s focus on maritime electrification, potentially strengthening its market position and offering new opportunities for stakeholders.
More about BH Global Corporation Limited
BH Global Corporation Limited operates in the maritime electrification industry, offering engineering and power solutions. Their services include on-site repair, maintenance, retrofitting, and the provision of sustainable equipment for marine vessels, as well as coastal electrification and hybridization solutions.
YTD Price Performance: -5.83%
Average Trading Volume: 13,711
Technical Sentiment Signal: Buy
Current Market Cap: S$33.9M
See more insights into BQN stock on TipRanks’ Stock Analysis page.