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An announcement from Marco Polo Marine Ltd. ( (SG:5LY) ) is now available.
Marco Polo Marine Ltd. announced a strategic initiative to list its 49%-owned subsidiary, PKR Offshore Co. Ltd., in Taiwan by the third quarter of 2026. This move aims to raise capital for expanding PKRO’s fleet of specialized offshore wind vessels, enhancing the company’s presence in the renewable energy sector and accessing new capital markets.
The most recent analyst rating on (SG:5LY) stock is a Buy with a S$0.06 price target. To see the full list of analyst forecasts on Marco Polo Marine Ltd. stock, see the SG:5LY Stock Forecast page.
More about Marco Polo Marine Ltd.
Marco Polo Marine Ltd. is a regional integrated marine logistics company, known for its services in the offshore wind energy sector. The company focuses on expanding its fleet of specialized vessels to support offshore wind farm operations, particularly in high-growth markets.
Average Trading Volume: 17,189,987
Technical Sentiment Signal: Buy
Current Market Cap: S$251.2M
See more data about 5LY stock on TipRanks’ Stock Analysis page.