Corporate digest

Marco Polo Marine

MARCO Polo Marine will hold an extraordinary general meeting on Dec 14 to seek shareholders' approval for issuing new securities that are key to the company's restructuring plan. The company is proposing to issue 2.1 billion shares at 2.8 Singapore cents each to nine investors as part of a capital injection into the company. A further one billion shares at 3.5 Singapore cents each will be placed with the company's creditors.

EMS Energy