Beng Kuang Marine Ltd. ( (SG:BEZ) ) has provided an update.
Beng Kuang Marine Ltd. has announced the issuance of 3,000 new ordinary shares following the exercise of warrants at S$0.22 per share, increasing the total number of issued shares to 199,213,406. This move is part of the company’s ongoing financial strategies, potentially enhancing its market position and providing additional capital for future endeavors, with 59,760,110 warrants still outstanding.
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 a range of services and products related to marine engineering and construction, catering to various stakeholders in the maritime sector.
YTD Price Performance: -4.55%
Average Trading Volume: 1,015,576
Technical Sentiment Consensus Rating: Sell
Current Market Cap: S$41.83M
For an in-depth examination of BEZ stock, go to TipRanks’ Stock Analysis page.
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