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Marco Polo Marine Ltd Announces Board Restructuring

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Marco Polo Marine Ltd Announces Board Restructuring

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Marco Polo Marine Ltd. ( (SG:5LY) ) has provided an update.

Marco Polo Marine Ltd has announced a re-composition of its Board and Committees, reflecting recent changes in its leadership structure. The company has appointed Mr. Tan Hai Peng Micheal as the Independent Non-Executive Chairman, with other shifts including the redesignation of Ms Lie Ly to a Non-Executive Director role, and the cessation of Mr. Lee Kiam Hwee Kelvin as a Director. These changes aim to strengthen the company’s governance and strategic direction, potentially impacting its operational efficiency and stakeholder confidence.

More about Marco Polo Marine Ltd.

Marco Polo Marine Ltd is a company incorporated in the Republic of Singapore. It operates in the marine industry, focusing on shipbuilding, ship repair, and offshore marine services.

YTD Price Performance: 12.00%

Average Trading Volume: 10,824,245

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: S$210M

For a thorough assessment of 5LY stock, go to TipRanks’ Stock Analysis page.

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