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An update from Marco Polo Marine Ltd. ( (SG:5LY) ) is now available.
Halom Investments Pte. Ltd., an entity controlled by veteran marine industry figure Michael Kum, has acquired 150 million shares of Marco Polo Marine Ltd. from existing shareholder Apricot Capital Pte. Ltd. in a secondary market transaction on 22 January 2026, signaling renewed investor interest in the integrated marine logistics group. The entry of a seasoned industry investor with substantial exposure may strengthen confidence in Marco Polo Marine’s strategic direction, particularly as it diversifies beyond oil and gas into offshore wind farm support, potentially enhancing its positioning in the growing regional renewable energy marine services market.
The most recent analyst rating on (SG:5LY) stock is a Buy with a S$0.18 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., listed on the SGX Mainboard since 2007, is a regional integrated marine logistics company engaged in shipping and shipyard operations. Its fleet focuses on chartering offshore support vessels, tugboats and barges across regional waters such as the Gulf of Thailand, Malaysia, Indonesia and Taiwan, serving clients in mining, commodities, construction and infrastructure, and increasingly supporting offshore wind farm projects in Asia’s nascent renewable energy sector.
Average Trading Volume: 42,604,463
Technical Sentiment Signal: Buy
Current Market Cap: S$567.1M
See more insights into 5LY stock on TipRanks’ Stock Analysis page.