Further to the Company’s announcement dated 19 March 2026 in relation to the proposed acquisition of theremaining 49% interest in Asian Sealand Offshore and Marine Pte. Ltd. (the “Proposed Acquisition”), the Board of Directors of Beng Kuang Marine Limited (the “Company”) wishes to announce that the Singapore Exchange Securities Trading Limited has on 28 April 2026 granted its in-principle approval for the listin and quotation of up to 57,142,856 new ordinary shares in the capital of the Company (the “Consideration Shares”) to be issued at an issue price of S$0.35 per share in connection with the Proposed Acquisition and is subject to compliance with the SGX-ST’s listing requirements.

https://links.sgx.com/FileOpen/Project%20Alpha%20Annt%20-%20AIP.ashx?App=Announcement&FileID=886559