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MarcoPolo Marine
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Marcopolo Marine Next Rotational Play
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spursfan
Supreme |
05-Sep-2022 14:52
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old article in  BT.  These white knights  are now rewarded for their faith in CEO Sean Lee to turn MP around. Nine white knights pool together S$60m in rescue financing for Marco Polo Marine WED, NOV 08, 2017 - 8:11 PM    NINE prominent business names have pooled together S$60 million in rescue financing for listed offshore and marine group, Marco Polo Marine. The founders or founding families behind household names Super Group, Soilbuild, Goldbell and Yanlord were named in association with the equity injection deal. Oxley Holdings' deputy chief executive Low See Ching and two other Singapore listed entities, Vibrant Group and Penguin International, have also thrown their hats into the ring. Some, if not all, of those named are business acquaintances of Marco Polo Marine' s chief executive, Sean Lee. The Lees have offered to dilute their shareholding by 90 per cent to just 6 per cent of the enlarged share capital in favour of bringing in these equity investors and deleveraging the group' s balance sheet. Over two billion new shares valued at S$0.028 will be issued to these nine named investors. Of the new investors, Apricot Capital - the private investment vehicle of Super Group' s founder David Teo - will emerge the largest shareholder with a 19.5 per cent interest in Marco Polo' s enlarged share capital after the deal is completed. |
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Nippon72
Veteran |
03-Sep-2022 21:00
Yells: "Dude, is ALWAYS Time in the market than Timing the market! " |
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I am ok percentage wise. The verdict shall be out in 10 yrs' time. Meanwhile, will treat it as 10yr gov bond.  Vested
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AttasBoss
Elite |
03-Sep-2022 19:06
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Samudera price rise from 10c to 1 dolar. So Marco price rise from 1c to 10c KYM?
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AttasBoss
Elite |
03-Sep-2022 10:55
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Wow good price. Hope u huat big big
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Nippon72
Veteran |
03-Sep-2022 09:29
Yells: "Dude, is ALWAYS Time in the market than Timing the market! " |
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Still holding mine @ 0.035 tightly. Believe in its resurrection and hoping it will be Samudera level in 10 yrs' time. 
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AttasBoss
Elite |
02-Sep-2022 16:58
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Those buy 37 profit taking. 42 absorded | ||||
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AttasBoss
Elite |
02-Sep-2022 16:01
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After raining
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ThankYou
Supreme |
02-Sep-2022 15:57
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Appears dry.
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AttasBoss
Elite |
02-Sep-2022 15:43
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20mil shares absorbed 42, sellers also dry.
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ThankYou
Supreme |
02-Sep-2022 12:40
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Already moved up a lot. | ||||
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ThankYou
Supreme |
02-Sep-2022 12:28
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Will go down later and Monday lah
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tankoksee
Supreme |
02-Sep-2022 11:36
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shorties..50 today/Monday possible
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ThankYou
Supreme |
02-Sep-2022 08:41
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Still go down. Maybe can short these 2 days?
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Tryla888
Member |
02-Sep-2022 00:45
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This one may just come and go. Hor?
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petson
Master |
01-Sep-2022 21:54
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oil crash | ||||
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Nippon72
Veteran |
01-Sep-2022 21:30
Yells: "Dude, is ALWAYS Time in the market than Timing the market! " |
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Just wonder how far it can go after 10years? Decide to park aside as FD.  Views?
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AttasBoss
Elite |
01-Sep-2022 16:29
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30mil shares absorbed 42 | ||||
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AttasBoss
Elite |
01-Sep-2022 16:10
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got 5s more than enough for me liao lol
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ahbui8
Master |
01-Sep-2022 15:24
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No 6 series no sell 😂 | ||||
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AttasBoss
Elite |
01-Sep-2022 15:17
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flushing flush flush done push to 5 serie | ||||
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shorties..50 today/Monday possible