Beng Kuang Marine Limited (SGX:BEZ) acquired additional 13.8% stake in Water and Environmental Technologies Pte Ltd. for SGD 0.04 million on December 5, 2019. Pre deal, Beng Kuang Marine Limited held 51% stake and post completion of the deal, it will hold 64.8% stake in Water and Environmental Technologies. The transaction is not expected to have any material impact on the consolidated net tangible assets or earnings per share of Beng Kuang Marine Limited for the current financial year ending December 31, 2019. Beng Kuang Marine Limited (SGX:BEZ) completed the acquisition of additional 13.8% stake in Water and Environmental Technologies Pte Ltd. on December 5, 2019.