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Marco Polo Marine: Marine Industry Veteran Michael Kum To Increase Stake In Marco Polo Marine.

06 Mar 2026 17:24

On 5 March 2026, Mr Michael Kum, through his investment entity Halom Investments Pte. Ltd., entered into a sale and purchase agreement with Penguin International Limited to acquire 60 million shares in Marco Polo Marine. Following this transaction, Mr Kum's total shareholding will increase to approximately 225 million shares, representing an interest of approximately 5.77% in the Company, and making him a substantial shareholder. This series of investments signals strong confidence in the Group's strategic direction, operational capabilities, and future growth prospects...

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Source: ShareInvestor Express