---
title: "Local tycoon Gan Lieming increases holdings in MarcoPolo Marine by 60 million shares | Lianhe Zaobao"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278093723.md"
description: "Local tycoon Gan Lieming increased his stake in MarcoPolo Marine by approximately 60 million shares, bringing his shareholding ratio to 5.77%, making him one of the major shareholders. This move demonstrates his confidence in the company's future development. MarcoPolo Marine stated that Gan Lieming's extensive experience in offshore maritime business aligns closely with the company's core operations, and they look forward to establishing a long-term partnership with him"
datetime: "2026-03-06T12:07:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278093723.md)
  - [en](https://longbridge.com/en/news/278093723.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278093723.md)
---

# Local tycoon Gan Lieming increases holdings in MarcoPolo Marine by 60 million shares | Lianhe Zaobao

Local tycoon Gan Lieming increased his stake in Marco Polo Marine by approximately 60 million shares, bringing his total ownership to 5.77%, making him one of the major shareholders.

Marco Polo Marine announced on Friday (March 6) that Gan Lieming has signed a share purchase agreement through Halom Investments with Penguin International to acquire approximately 60 million shares of Marco Polo Marine.

"This move reflects Gan Lieming's confidence in the company's strategic direction, operational capabilities, and future growth prospects."

Marco Polo Marine noted that Gan Lieming has extensive experience in building and expanding offshore maritime businesses, which aligns closely with the company's core operations. "We believe that Gan Lieming's experience will be crucial for the company's future development, and we look forward to establishing a long-term, stable, and collaborative relationship with him."

Marco Polo Marine closed at SGD 0.16 on Friday, with no change in price.

According to Forbes, as of Friday, the 81-year-old Gan Lieming has a net worth of USD 1.2 billion (approximately SGD 1.5 billion)

### Related Stocks

- [5LY.SG](https://longbridge.com/en/quote/5LY.SG.md)

## Related News & Research

- [UOB Kay Hian Sticks to Their Buy Rating for Marco Polo Marine Ltd. (5LY)](https://longbridge.com/en/news/285597769.md)
- [Cocoa Prices Sink as the Global Supply Outlook Improves](https://longbridge.com/en/news/286797386.md)
- [Obamacare Meltdown? Sharp ACA Enrollment Drop Expected As Pandemic-Era Subsidies End](https://longbridge.com/en/news/287067300.md)
- [Oil little changed as traders await breakthrough in US.-Iran negotiations](https://longbridge.com/en/news/286925961.md)
- [Farnam Celebrates 80 Years of Horse Care With New Innovations and the Horse Care Grant Sweepstakes | CENT Stock News](https://longbridge.com/en/news/287053110.md)