Strong Growth Outlook Validated by Industry Veteran Investment 1 – Minichart
Broker Name: Maybank Research Pte Ltd
Date of Report: January 25, 2026
Excerpt from Maybank Research Pte Ltd report.
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Report Summary
- Singapore billionaire Michael Kum’s Halom Investments acquired a 4% stake in Marco Polo Marine (MPM), validating the company’s growth potential, especially given Kum’s strong marine industry track record.
- MPM secured a SGD198m shipbuilding contract, expected to contribute SGD50m revenue and SGD4m profit annually for four years, with further vessel capacity and contract wins anticipated.
- MPM is benefiting from strong demand in both oil & gas and renewable energy sectors, especially offshore windfarms, and is in a rapid growth phase with rising charter rates, vessel utilisation, and…
