The Business Times

Banks and landlords are pounding on the door. Can mm2 Asia survive the siege?

It has been a difficult year for mm2 Asia, whose Cathay Cineplexes unit has already entered voluntary liquidation Read more ...

MM2 Asia requests for voluntary trading suspension

The application is intended to facilitate the group’s financial and business affairs, said MM2 Asia on Nov 10. It adds that the board, having received advice, views that a court ...
The Business Times

Stocks to watch: mm2 Asia, CSE Global, Yoma Strategic Holdings, Boustead, Jardine C&C, Vicom, Riverstone

SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Nov 11): Read ...
The Straits Times

StanChart demands payment from former Cathay Cineplexes operator mm2 Asia over $905,000 debt

SINGAPORE - Standard Chartered Bank has issued letters of demand to mm2 Asia and its two associated companies – mm Connect and Cathay Cineplexes – seeking repayment of $905,582.87 by Oct 23. The ...
The Straits Times

mm2 Asia says voluntary liquidation of Cathay Cineplexes unlikely to affect its core businesses

is not expected to adversely impact its core businesses or continuing operations. Instead, liquidating the struggling cinema chain may improve the group’s overall cash flow and profitability, given ...
Finextra

Investec Ernst & Co banks on MM2 for options trading

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The new system enables traders to place stock and options ...
Variety

MM2’s Singapore Cinema Sale Collapses as Investor Blames Omicron Impact

Mini-conglomerate mm2 Asia says that a deal to sell its Singapore cinemas business has fallen through. The deal was announced in August and should have been completed by Dec. 31, 2021. “Omicron ...