Michael Kum emerges as substantial shareholder in Marco Polo Marine with 5.77% stake
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Michael Kum, through Halom Investments, has acquired 60 million shares in Marco Polo Marine, increasing his stake to 5.77% or 225 million shares. This acquisition, reported to the Singapore Exchange, indicates Kum's confidence in the company's marine logistics and offshore wind operations. CEO Sean Lee noted that Kum's extensive experience in the marine sector aligns with the company's business objectives and could enhance its ongoing activities.
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