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An announcement from Beng Kuang Marine Ltd. ( (SG:BEZ) ) is now available.
Beng Kuang Marine Ltd. has issued 600,000 new ordinary shares following the exercise of warrants at S$0.22 per share, increasing its total issued shares to 208,487,973. This move reflects the company’s strategic financial maneuvering to potentially enhance its market position and liquidity, with the new shares expected to be listed on the Singapore Exchange soon.
The most recent analyst rating on (SG:BEZ) stock is a Hold with a S$0.50 price target. To see the full list of analyst forecasts on Beng Kuang Marine Ltd. stock, see the SG:BEZ Stock Forecast page.
More about Beng Kuang Marine Ltd.
Beng Kuang Marine Ltd. is a Singapore-based company operating in the marine industry. It provides a range of services and products related to marine engineering, infrastructure, and offshore services, focusing on supporting maritime and offshore sectors.
Average Trading Volume: 2,321,510
Technical Sentiment Signal: Buy
Current Market Cap: S$63.41M
See more insights into BEZ stock on TipRanks’ Stock Analysis page.