Marco Polo Marine Unit Eyes Taiwan Listing; Shares Up Nearly 3%
MT Newswires
Aug 25
Marco Polo Marine (SGX:5LY) subsidiary, PKR Offshore, is targeting a listing in Taiwan, according to an after-market filing with the Singapore Exchange on Monday.
The company plans on submitting a listing application by the third quarter of 2026.
PKR Offshore specializes in offshore wind farm support.
The listing is part of Marco Polo's strategy to fast-track its growth in high-value renewable energy and to explore capital markets.
Shares of the company were up nearly 3% at the close of Monday trading.
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