SG: R3 Asset to raise $38.1m; Apricot emerges as largest Marco Polo shareholder

SG: R3 Asset to raise $38.1m; Apricot emerges as largest Marco Polo shareholder

Photo by Pierpaolo Lanfrancotti on Unsplash

Singapore-based asset manager R3 Asset Management is targeting to raise about $38.1 million soon while Teo family-backed private investment firm Apricot Capital is injecting $15.2 million in equity into Marco Polo Marine.

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