Marco Polo Marine Ltd

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#1
PROPOSED APPLICATION OF ADMISSION TO TRADING ON THE TAIWAN STOCK EXCHANGE (“TSE”) OF TAIWAN DEPOSITORY RECEIPTS (“TDR”)

http://info.sgx.com/webcoranncatth.nsf/V...D0033B0D1/$file/MPM_Announcement_ProposedTDRIssue_3Jan2011.pdf?openelement [SGX Announcement]

It makes sense for the likes of YZJ or United Envirotech to seek dual-listing in TSE since they operate in a niche Chinese industry hence making it attractive to Taiwanese investors. YZJ is a multi-billion dollar company and the largest private Chinese ship-builder while UEL is the first Chinese waste water treatment company to list there. Both did well in TSE. Not too certain why this ship-builder and charterer seeks to raise equity in Taiwan when 77% of its revenue is derived from Singapore and Indonesia alone. Let's see how it pans out and whether will more non S-Chips company seek to dual list.

(Not Vested)
Disclaimer: Please feel free to correct any error in my post. I am not liable for anything. Do your own research and analysis. I do NOT give buy or sell calls and stock tips. Buy and sell at your risk. I am not a qualified financial adviser so I do not give any advice. The postings reflects my own personal thoughts which may or may not be accurate.
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#2
Hmm, my view is that such companies just wish to raise money and they will find all sorts of ways and means to do so! Haha....
My Value Investing Blog: http://sgmusicwhiz.blogspot.com/
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#3
It only proves that SGX does not give companies a good valuation....

a lot of companies ran away liao.
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#4
Company submitted the proposed listing of BBR to Indonesian authority for approval. Company owns 49% of BBR.
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#5
(27-09-2012, 09:38 PM)Share Investor Wrote: Company submitted the proposed listing of BBR to Indonesian authority for approval. Company owns 49% of BBR.
why would bbr want to list in indo?
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#6
The BBR here does not refer to the BBR listed in SGX main board but PT PELAYARAN NASIONAL BINA BUANA RAYA Tbk. (“BBR”), A 49%-OWNED ASSOCIATED COMPANY OF MARCO POLO MARINE LTD (THE “COMPANY”) (THE “IPO REGISTRATION”). See the following URL for more information.


http://info.sgx.com/webcoranncatth.nsf/V...60000CC6D/$file/MPM_Announcement_on_IPO_Application_by_BBR.pdf?openelement
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#7
The listing of BBR will be on 9 Jan. After that the NAV of Marco Polo Marine will increase. Will cimpany declare a special dividend because of this listing?

Vested.
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#8
Good that director still buying at 39.5 cents. BBR listing in 2 days time!

Vested.
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#9
There is an interesting article in the Edge about Marcopolo Marine moving into OSV and focusing in Indonesia waters. Is there a possibility of someone buying over the company to gain quick access into the Indonesian market?

Vested.
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#10
1Q2013 results just out. Profit flat q-o-q. Is expecting it to be higher.
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