Beng Kuang Marine Expands Share Capital Through Warrant Exercise
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Beng Kuang Marine Ltd. (SG:BEZ) has announced the issuance of 556,000 new ordinary shares through warrant exercise at S$0.22 per share, raising total issued shares to 207,887,973. This expansion aims to strengthen the company's capital structure and support future growth. Beng Kuang Marine operates in the marine industry, offering services in marine engineering and construction. Current market cap stands at S$70.49M with an average trading volume of 2,518,326, and the technical sentiment signal indicates a 'Buy' recommendation.
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