Beng Kuang Marine Limited announce that on 1 April 2026, the Company has allotted and issued 83,520 new ordinary shares pursuant to the exercise of warrants at the exercise price of S$0.22 per warrant share, following which the number of issued shares of the Company has increased from 226,749,573 shares to 226,833,093 shares.

The new ordinary shares rank pari passu in all respects with the existing shares of the Company and are expected to be listed and quoted on the Singapore Exchange Securities Trading Limited on or around 6 April 2026.

Pursuant to the aforesaid exercise of warrants, there are 55,792,490 outstanding warrants with an exercise price of S$0.22 for each warrant share expiring on 3 September 2027.

https://links.sgx.com/FileOpen/BKM%20-%20Issue%20and%20Allotment%20of%20Shares%20Pursuant%20to%20Exercise%20of%20Warrants.ashx?App=Announcement&FileID=881641