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Beng Kuang Marine Issues Compensation Shares to Employees

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Beng Kuang Marine Ltd. ( (SG:BEZ) ) has provided an update.

Beng Kuang Marine Ltd. has announced the issuance and allotment of 5,036,665 Compensation Shares to its employees, increasing the total number of issued shares from 199,213,406 to 204,250,071. These shares will be listed and quoted on the Main Board of the SGX-ST, reflecting the company’s commitment to rewarding its employees and potentially enhancing its market presence.

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 solutions, which may include shipbuilding, repair, and maintenance services.

Average Trading Volume: 902,949

Technical Sentiment Signal: Buy

Current Market Cap: S$37.65M

Learn more about BEZ stock on TipRanks’ Stock Analysis page.

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