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18 Aug 2026
Beng Kuang Marine: Insider Purchases @ 45 cents
Beng Kuang Marine Limited’s Executive Chairman, Mr. Chua Beng Yong, has increased his interest in the Company through two market acquisitions of ordinary shares on 13 and 14 August 2026.
Across the two transactions, 100,000 ordinary shares were acquired for a total consideration of S$45,250, at acquisition prices of S$0.455 and S$0.450 per share, respectively.
Following the transactions, Mr. Chua’s total direct and deemed interest increased to 11.64 million shares, representing approximately 3.88% of Beng Kuang Marine’s issued share capital.
Across the two transactions, 100,000 ordinary shares were acquired for a total consideration of S$45,250, at acquisition prices of S$0.455 and S$0.450 per share, respectively.
Following the transactions, Mr. Chua’s total direct and deemed interest increased to 11.64 million shares, representing approximately 3.88% of Beng Kuang Marine’s issued share capital.
Barring unforeseen circumstances, the Group's revenue and margins are expected to strengthen progressively through 2H2026 with outstanding contracted work of approximately S$70.7 million.
- 1H2026's financial results reflected only approximately one month of full ownership of ASOM, which will thereafter contribute a full six months of financial performance in 2H2026, providing a more meaningful representation of its earnings contribution.
- New order wins exceeded revenue recognised during the period with approximately S$85.2 million of new contracts and purchase orders secured during 1H2026, representing an order intake-to-revenue ratio of approximately 1.5x.
See more here: https://www.bkmgroup.com.sg/view&id=1389