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Morgan Stanley Acquires 5.09% of MMA Offshore
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Morgan Stanley Acquires 5.09% of MMA Offshore

MMA Offshore Limited (AU:MRM) has released an update.

Morgan Stanley has emerged as a substantial holder in MMA Offshore Ltd, acquiring a 5.09% stake, as per a corrected disclosure form submitted to the company and the Australian Securities Exchange. The updated form rectifies previously missing information about the registered holders of the shares. This move by Morgan Stanley reflects its significant interest in the Australian offshore marine services provider.

For further insights into AU:MRM stock, check out TipRanks’ Stock Analysis page.

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