Beng Kuang Marine Ltd. Discontinues Cattle Line Business

Tip Ranks
2025.10.10 11:12
portai
I'm PortAI, I can summarize articles.

Beng Kuang Marine Ltd. (SG:BEZ) has announced the discontinuation of its Cattle Line business segment following a court decision to dissolve Cattle Line Two Pte. Ltd. This strategic shift may affect the company's market positioning and stakeholder interests. Beng Kuang Marine Ltd. operates in the marine industry, providing services related to marine engineering and construction. Current market cap is S$75.68M with an average trading volume of 2,510,436 and a technical sentiment signal of 'Buy'.