Marco Polo Marine appoints KPMG as adviserCompany News // September 12, 2016
The Board of Directors of Marco Polo Marine Ltd has appointed KPMG Services Pte Ltd as advisor to the group to conduct an independent business review.
In a statement, Marco Polo Marine said that, in view of the upcoming maturity date of the Notes on 18 October 2016, the company will be convening an informal meeting with holders of the noteholders on 13 September 2016 with the aim of:
(i) presenting the independent business review conducted by KPMG to Noteholders, and
(ii) discussing with the noteholders the various options in connection with the notes.
Shareholders and potential investors were advised to exercise caution in trading their shares and noteholders were advised to exercise caution in trading their notes.