MMA takeover heading for federal court

  • Posted by Allen Newton
  • |
  • 8 July, 2024

FOLLOWING shareholders vote in favour of the takeover of Perth-based offshore support company MMA Offshore to Singapore’s Cyan Renewables a hearing will be held in the Australian Federal Court on 10 July and provided it gets approval, the scheme will be implemented around 25 July with payment of the scheme on the same day.

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Posted by Allen Newton

Allen is DCN's WA correspondent. He is one of WA's most experienced journalists with a career that includes roles as Managing Editor of The Sunday Times and PerthNow and as Editor in Chief of Fairfax's WAtoday.

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