MMA Offshore Limited (AU:MRM) has released an update.
MMA Offshore Limited has reported a significant change in the ownership structure, with Mitsubishi UFJ Financial Group, Inc. adjusting its substantial holding in the company. The group’s voting power has shifted, reflecting an increase from 5.08% to 6.30% in the number of fully paid ordinary shares held. These changes in shareholding dynamics could be indicative of strategic moves by Mitsubishi UFJ Financial Group, potentially impacting MMA Offshore’s market position and investor interests.
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