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Broker's Calls
UOBKH downgrades Marco Polo Marine to 'hold' with higher TP of 4.8 cents
The analysts note that Marco Polo’s business has stayed resilient amid the uncertain macro environment.
December 07, 2022
Broker's Calls
SembMarine sale of 9 rigs at minimal loss gives brokers another reason to rerate stock
SINGAPORE (Oct 9): The sale of nine undelivered jackup rigs by Norwegian Borr Drilling is welcome relief for Sembcorp Marine, says CIMB.
October 09, 2017
Broker's Calls
5 reasons for investors to keep stocking up on Sembcorp Marine
SINGAPORE (May 2): DBS Vickers Securities is maintaining its “buy” call on Sembcorp Marine (SMM) with a target price of $1.78, on the notion that the sell-off post its 1Q17 results is “unwarranted”.
May 02, 2017
Nam Cheong-Marco Polo JV incorporates new subsidiary in Malaysia
SINGAPORE (March 27): Nam Cheong, the shipbuilder of offshore support vessels (OSV), has announced that its 50-50 joint venture (JV) with integrated marine logistics group Marco Polo Marine, Marco Polo Offshore (IV) has incorporated a new wholly-owned sub
March 27, 2017
Marco Polo denies media claims of doubt in ability to operate
SINGAPORE (Sept 23): Marco Polo Marine has issued a clarification on the Singapore Exchange (SGX) regarding media reports that highlight the company expressing “substantial doubt on its ability to operate as a going concern”.
September 23, 2016