Ginko-AGT emerges as substantial Marco Polo shareholder

Fund sails past 5% stake threshold.

Ginko-AGT Global Growth Fund, managed by Singapore-based boutique fund manager AGT Partners, became a substantial shareholder of Marco Polo Marine after acquiring 700,100 shares for $117,980.85.

The fund’s direct interest in the offshore vessel operator rose to about 196 million shares, representing 5.006% of voting shares, according to a bourse filing.

The shares were bought through a market transaction on 2 June 2026. The notification was submitted to Marco Polo Marine on the same date.

Ginko-AGT previously held 195,244,700 shares, or a 4.988% stake, with the purchase pushing its interest past the 5% threshold for substantial shareholder disclosure.

The disclosure comes after Marco Polo Marine raised about $21m through a private share placement to fund capital expenditure and specialised vessels supporting offshore wind projects.

The company issued 144.87 million new ordinary shares at $0.145 per share, with Maybank Securities Pte. Ltd. acting as placement agent.