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Marco Polo Marine Ltd. ( (SG:5LY) ) has provided an announcement.
Marco Polo Marine Ltd announced the striking off of M Renewables Co., Ltd, a dormant indirect joint venture in which it held a 49% stake, from the Companies Register of the Cayman Islands. This move is not expected to impact the company’s financial metrics, such as earnings per share or net tangible assets, for the fiscal year ending September 2025, and no directors or substantial shareholders have a direct or indirect interest in the transaction.
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 company incorporated in Singapore, operating in the marine industry. It primarily focuses on providing marine logistics and offshore services, catering to various market segments within the maritime sector.
Average Trading Volume: 10,997,190
Technical Sentiment Signal: Buy
Current Market Cap: S$210M
See more insights into 5LY stock on TipRanks’ Stock Analysis page.