Beng Kuang Marine Limited announced the allotment and issuance of 20,325 new ordinary shares on Jun, 23 2026, following the exercise of warrants at an exercise price of 0.22 million Singapore dollars per share.
As a result, the company’s total issued share capital increased to 299,907,879 shares from 299,887,554 shares.
The newly issued shares rank pari passu with existing shares and are expected to commence trading on the Singapore Exchange on Jun, 25 2026.
After this transaction, 39,860,560 warrants remain outstanding, each exercisable at 0.22 million Singapore dollars and expiring on Sep, 3 2027.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.