Singapore-listed Marco Polo Marine has applied for a secondary listing on the Taiwan Stock Exchange, Seatrade Asia online reports. The offshore services firm has received approval from the Securities and Futures Bureau of Taiwan Financial Supervisory Commission, Executive Yuan for listing of up to 51.19m Taiwan Depository Receipts comprising 25m new shares and 26.19m vendor shares.
“Shareholders and potential investors of the company should note that the proposed TDR issue may or may not proceed,” Marco Polo said.
“Shareholders and potential investors of the company should note that the proposed TDR issue may or may not proceed,” Marco Polo said.