Singaporean construction company MMP RESOURCES is planning to secure some $30 million in funding.

The company has hired a banking institution in Singapore as its financing and capital markets adviser.

The adviser will assist MMP on certain transaction or transactions which have been revealed or are being considered by the company.

In December 2018, MMP announced that it would buy a 50 percent stake in a joint venture company, which owns an operating gas field in Russia, from Dubai-based liquefied natural gas transportation company Lloyds Energy for $18.3 million.