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.