- Marco Polo Marine director Jeffrey Hing Yih Peir will step down as non-executive director effective March 31, 2026.
- Resignation follows Penguin International partial divestment of its stake, tied to Penguin change in strategic direction.
- Hing held deemed interest of 6.23%, or about 244 million shares, mainly via Penguin International holdings and nominee-held shares.
- Board composition will retain three Singapore-resident independent directors, with independents at least one-third of board.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marco Polo Marine Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 9L545T2KNHU823U3) on March 31, 2026, and is solely responsible for the information contained therein.
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