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20 Apr 2026
UOBKH initiates coverage on Beng Kuang Marine with target price of 64 cents
UOB KayHian analysts Tang Kai Jie and Heidi Mo have initiated coverage on Beng Kuang Marine (BKM) with a “buy” call and target price of 64 cents.
In their initiation report on April 20, both analysts point out that BKM is a leader in provision of corrosion prevention, repair and life extension services, a high-barrier segment within offshore asset integrity services, operating across Southeast Asia, the Middle East, and Latin America.