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Beng Kuang Marine Ltd. Discontinues Cattle Line Business

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Beng Kuang Marine Ltd. Discontinues Cattle Line Business

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The latest announcement is out from Beng Kuang Marine Ltd. ( (SG:BEZ) ).

Beng Kuang Marine Ltd. has announced the discontinuation of its Cattle Line business segment, following a court decision to discharge the liquidators and dissolve Cattle Line Two Pte. Ltd. This move marks a significant shift in the company’s operational focus, potentially impacting its market positioning and stakeholder interests as it moves away from this business line.

More about Beng Kuang Marine Ltd.

Beng Kuang Marine Ltd. is a company based in Singapore, primarily operating in the marine industry. The company provides a range of services and products related to marine engineering and construction, catering to various stakeholders within the maritime sector.

Average Trading Volume: 2,510,436

Technical Sentiment Signal: Buy

Current Market Cap: S$75.68M

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

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