SUBSCRIBERS

Temasek unit mulls over UOB's stake in Marco Polo Marine

UOB ended with stake after firm's debt revamp; Temasek also believed to have held talks with Ezion, but discussions said to be on hold for now

    Published Wed, Jan 31, 2018 · 09:50 PM

    Singapore

    SINGAPORE state investor Temasek Holdings is said to be mulling equity stakes in listed groups Marco Polo Marine and Ezion Holdings.

    The Business Times understands that Heliconia Capital - a Temasek Holdings-funded investment firm - is eyeing UOB Bank's 10.29 per cent stake in Marco Polo, while Temasek is separately reviewing the possibility of pumping capital into liftboat-focused Ezion Holdings.

    Copyright SPH Media. All rights reserved.