Lee Wan Tang has shown his confidence in Marco Polo Marine by spending SGD 139,700 ($103,352) to buy shares in the Singapore-listed company.
The father of Marco Polo Marine’s chief executive Sean Lee acquired 5.58m shares at SGD 0.025 per share, according to a regulatory filing.
Following the transaction, which was executed earlier this month, Lee senior saw his stake in the company rise from 10.94%
