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Australia's MMA catches eye of Singapore tycoon

Michael Kum emerges as the largest shareholder of the marine logistics service provider

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Michael Kum, a hotelier who is also no stranger to the offshore and marine (O&M) sector, has amassed a stake of 10.6% in Australia-listed MMA Offshore through Halom Investments.

Singapore

SINGAPORE-BASED tycoon Michael Kum, a hotelier who is also no stranger to the offshore and marine (O&M) sector, has emerged this week as the biggest shareholder of Australia-listed MMA Offshore.

Mr Kum's stake in the provider of marine logistics services, coming at a