Singapore's ship-chartering firm Marco Polo Marine (MAPM.SI) said on Monday it plans to issue Taiwan depository receipts (TDR) to broaden its investor base.
Marco Polo Marine is in the process of hiring external financial institutions to begin preparatory work for the TDR issue and it will apply for regulatory approval with the relevant Taiwanese authorities, the firm said.
It will decide further details of the proposed TDR issue at a later stage, Marco Polo Marine said in a statement.
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