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Sean Lee
Broker's Calls
RHB raises Marco Polo Marine target price to 7 cents on higher earnings seen for FY2025
The new support vessel will help drive earnings when it is ready in 2HFY2024
December 06, 2023
SGX Research Series: 10 in 10
Marco Polo Marine voyages into a sustainable future
Marco Polo Marine successfully weathered the O&G crisis in 2017
August 17, 2023
Insider moves
XMH chairman and MD Tan buys more shares; Teo of Marco Polo Marine raises personal stake
XMH has won an extension from SGX to try and exit the watch list by Dec 4
July 26, 2023
Offshore & Marine
Marco Polo Marine eyes Japan next following Taiwan for offshore windfarm supporting businesses
Marco Polo Marine has signed an MOU with a "K" Line subsidiary
December 06, 2022
Results
Marco Polo Marine's FY2022 earnings jump on higher chartering income
We are committed to targeting our collective efforts and resources towards meaningful change in the renewables sector."
November 24, 2022
Results
Marco Polo Marine reports better 1HFY2022 earnings of $10.8 million, lifted by one-offs
"We are still very much determined to pursue our goals for expansion in the renewable energy sector," says CEO Sean Lee.
May 12, 2022
Offshore & Marine
Marco Polo Marine completes extension of dry dock, eyes higher recurring ship repair revenue
The dock extension will start contributing to Marco Polo Marine's bottom line from 2Q FY2022
February 15, 2022
Marco Polo Marine proposes restructuring scheme to get out of troubled waters
SINGAPORE (Nov 9): Troubled offshore services provider Marco Polo Marine has signed conditional investment agreements to raise $60 million from nine investors as part of a restructuring exercise.
November 09, 2017
Marco Polo Marine gets approval to restructure notes due on 2016
SINGAPORE (Oct 14): Marco Polo Marine, the embattled oil and gas services provider, announced that it has secured approval from the majority of noteholders to restructure its $50 million 5.75% fixed rates notes.
October 14, 2016