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MMA defends capital raising

2017-12-19 businessnews.com.au
MMA Offshore chairman Andrew Edwards has defended the timing of the company’s recent $97 million capital raising at its annual meeting today, saying the oil and gas firm needed a solution to its debt problems.

Halom abandons MMA meeting resolutions

2017-12-18 businessnews.com.au
MMA Offshore major shareholder Halom Investments has withdrawn its annual meeting resolution to remove the oil and gas company’s managing director Jeff Weber one day before the meeting.

MMA postpones annual meeting

2017-11-27 businessnews.com.au
MMA Offshore has postponed its annual meeting after a complaint from major shareholder Halom Investments to the Takeovers Panel regarding a $97 million capital raising.

Halom takes MMA to panel

2017-11-17 businessnews.com.au
Halom Investments has asked the Takeovers Panel to revise MMA Offshore’s planned $97 million capital raising, claiming the deal is designed to entrench the control held by the incumbent board.

MMA proceeds with major capital raising

2017-11-16 businessnews.com.au
Struggling marine services company MMA Offshore will raise nearly $100 million to repay debts and repair its balance sheet, despite opposition from major shareholder Halom Investments.

MMA $97m raising in debt repayment

2017-11-16 businessnews.com.au
Struggling marine services company MMA Offshore will raise nearly $100 million to repay debts and repair its balance sheet, despite opposition from major shareholder Halom Investments.

Public slap-downs from ASIC for companies with inflated asset valuations

2017-03-08 theage.com.au
Companies handed a "please explain" by the corporate cop are finding their dealings with the financial regulator being made public, as the regulator cracks down on unrealistic asset valuations.

Public slap-downs from ASIC for companies with inflated asset valuations

2017-03-08 smh.com.au
Companies handed a "please explain" by the corporate cop are finding their dealings with the financial regulator being made public, as the regulator cracks down on unrealistic asset valuations.

MMA to sell supply bases as loss widens

2017-03-01 businessnews.com.au
Marine services company MMA Offshore will sell its Dampier and Broome supply bases to Toll Group for about $53 million to pay off debt, as the company revealed a $323.7 million half-year loss on the back of a large impairment charge.

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MMA loss widens to $144m

2016-08-25 businessnews.com.au
Marine services company MMA Offshore’s net loss has widened to $144 million on the back of a previously flagged impairment and reduced activity in the oil and gas sector.

Contract issues dent MMA earnings

2016-08-08 businessnews.com.au
Marine services company MMA Offshore expects to take a $10 million hit to its earnings after striking trouble with two of its vessel contracts.

SpeedCast Clinches 2 Contracts from Australia and Malaysia

2016-08-02 rigzone
SpeedCast International Ltd., a global satellite communications and network service provider, has clinched two contracts from customers based in Australia and Malaysia.

MMA flags $140m impairment

2016-07-29 businessnews.com.au
Marine services company MMA Offshore has flagged a $140 million impairment in its upcoming FY16 results, with the majority of the charge attributed to its vessel fleet.