Halom Investments (Halom) was the largest shareholder of MMA Offshore Limited (MMA or the Company) with an 18% equity interest, leading the cause for change in the Company’s leadership, prior to MMA’s $97m equity raising.

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Halom decided not to participate in the Company’s equity raising due to concerns about leadership, capital structure and pricing of the transaction. Click below to read our statement explaining why and read our presentation regarding the value proposition of the transaction.