Lee's buying came one day after another insider Darren Teo had also increased his stake.
Marco Polo Marine CEO Sean Lee has on Dec 4 bought 2 million shares at 5.3 cents, bringing his direct interest to nearly 12.6 million shares.
In addition to his deemed interest of more than 166.6 million shares, Lee now has a total interest of 4.78% in the company, up from 4.72%.
