Beng Kuang Marine Dissolves Subsidiary; Shares Down Over 4%

MT Newswires

10/13

Beng Kuang Marine (SGX:BEZ) dissolved its subsidiary, Cattle Line Two with immediate effect following an email to its liquidators from a judicial commissioner, according to a Friday filing with the Singapore Exchange.

Shares of the company were down over 4% in Monday trading.

The company had earlier appointed Deloitte as the subsidiary's liquidators.

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