Beng Hui sells 12.2m BH Global shares

May 26, 2006
The Business Times

BH GLOBAL Marine Limited, a procurement specialist for the marine sector, said controlling shareholder, Beng Hui Electric Trading Pte Ltd, has sold 12.2 million shares at 27 cents each to a group of strategic investors led by Emirates Capital Pte Ltd. The sale - representing a stake of 4.4 per cent - will raise the company's public float to around 29.9 per cent.