Beng Kuang Marine Limited announced the allotment and issuance of 23,500 new ordinary shares on Jul, 21 2026, following the exercise of warrants at 0.22 Singapore dollars per share.
The company’s outstanding share count has risen to 299,931,379 from 299,907,879.
The new shares rank pari passu with existing shares and are expected to start trading on the Singapore Exchange on Jul, 23 2026.
Following this exercise, 39,837,060 warrants remain outstanding, each exercisable at 0.22 Singapore dollars and expiring on Sep, 3 2027.
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