Beng Kuang Marine has reported earnings of $1.02 million for 9MFY2022 ended Sept, versus a loss of $3.69 million in the year earlier period.Revenue in the same period was up from $39.5 million to $43.9 million.The revenue growth was driven by the company’s infrastructure engineering segment, which...

FOR the 5 trading sessions that spanned Sep 2 to 8, the Straits Times Index (STI) gained 0.3 per cent, with the FTSE China A50 Index falling 1.9 per cent, the Hang Seng Index declining 3.6 per cent and the FTSE Bursa Malaysia KLCI unchanged.

BENG Kuang Marine has agreed to acquire a strategic stake in I.O.T Workz, an A*Star spin-off company that provides Internet of Things (IoT) centric solutions.

Beng Kuang Group, as part of its transformation journey, has announced that it will be acquiring a strategic stake in Singapore-based Internet of Things (IoT) company, IOT Workz. See also: Beng Kuang Marine charts transformation journey Under the agreement, Beng Kuang Group will acquire a 10% equi...

Convinced that the best is yet to come, banking and finance veteran Yong Jiunn Run has made it his life’s goal to achieve his optimal potential. “Psychologist Abraham Maslow’s theory of self-actualisation argues that individuals are motivated to maximise their personal development and growth, ...

Beng Kuang Marine Limited has raised some $3.35 million in gross proceeds from a share placement exercise, to help reduce the company’s need for debt financing and other operational needs. The placement, managed by SAC Capital, is made at 9 cents per share – a discount of 9% off its volume weigh...

THE following companies saw new developments that may affect trading of their securities on Tuesday (Oct 19):

MAINBOARD-LISTED Beng Kuang Marine is set to raise S$3.35 million via a share placement exercise, with its chief executive taking up a portion, the company announced in a Monday bourse filing.

Beng Kuang Marine has revealed, on Sept 24, that it is exploring “possible corporate actions and exercises” to create value for its businesses and shareholders. The revelation came after the company’s shares shot up by 52.3% to 9.9 cents as at 2.12pm, from its last-closed price of 6.5 cents....

Beng Kuang Marine plans to raise $1.3 million by undergoing a placement exercise. To be handled by SAC Capital, the company plans to place out up to 27 million new shares which will enlarge the company’s share capital by 16.7%. The placement shares are priced at 5 cents each, which is a discount o...