Soilbuild, Super families to help refloat Marco Polo

Singapore

TWO families behind household names in real estate and the consumer-goods sectors, Soilbuild and Super Group respectively, have been identified as being among white-knight investors looking to extend a S$60 million lifeline to troubled listed group, Marco Polo Marine.

The family office of Soilbuild's Lim Chap Huat and the private-investment firm of Super Group's David Teo are said to have agreed to pump new equity into the Marco Polo group of companies.

The equity deal with Marco Polo could mark the two tycoons' first significant forays into the offshore and marine (O&M) sector, and their respective families' largest eq…