28th Mar 2018 14:11
The resources-focused investment company said total net assets for the six months to December 31 were
The company said its net asset value per share was approximately 14.06p as at March 21, down from 14.69p at December 31 but up compared to 11.68p at June 30.
"The confidence that we saw at the year-end has continued into the first half of the year. One of the prevalent themes we are seeing is an increased focus on greener materials or those commodities that are associated with electric vehicles or the renewable energy sectors," said Chairman Datuk Michael Tang.
"Polo's portfolio has benefited from this sentiment whilst we are continuing to appreciate the value inherent in the more traditional sectors. We are actively engaging to ensure that Polo's portfolio is at the forefront of the both the emerging and traditional markets," said Tang.
Shares in the company were up 0.9% at
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