Marco Polo Marine
Singapore boutique fund investing big in SGX small-caps finds its Fantastic 4
It is drawn to factors such as their attractive valuations, strong balance sheets and industry tailwinds
Marco Polo Marine shares plans to unlock value
CEO Sean Lee says company is riding growth momentum and hiving off shipyard business to Fuji Offset in RTO to fund expansion
Marco Polo Marine powers on: A conversation with its CEO
Marco Polo Marine’s CEO Sean Lee talks to BT’s Ben Paul about the group’s pivot to the wind energy sector, imminent corporate action involving its key units, and what current geopolitical tensions mea...
More than 162 million Marco Polo Marine shares change hands on plan for reverse takeover of Fuji Offset
The heavy trading also follows the group’s announcement of a 9% increase in H1 earnings to S$11.6 million
Marco Polo Marine unit wins NT$2.9 billion 15-year government charter contract in Taiwan
It involves the charter of one emergency tug boat or salvage vessel
Marco Polo Marine raises S$21 million in private placement for business expansion
The capital injection enhances its balance sheet and provides financial flexibility for growth initiatives, says the group
Marco Polo Marine Q1 gross profit up 32% at S$14 million on fleet additions
Revenue rises 27% to S$32.8 million as group expands ship chartering operations
Cathay United Bank grants Marco Polo Marine unit long-tenor facility for NT$4.7 billion research vessel project
The group previously said it would finance the project through internal cashflows and not require any project-specific debt
Marco Polo Marine closes 16.7% higher on profit jump, bright outlook; over 100 million shares change hands
For its second half, profit jumps 348% to S$47.9 million, from S$10.7 million previously
Marco Polo Marine H2 profit jumps over 4 times to S$47.9 million on impairment reversals
This is attributed to a combination of stronger underlying performance and several extraordinary gains
