Business Times

mm2 Asia to move forward with S$54m bond deal for cinema business

EMBATTLED entertainment group mm2 Asia announced Sunday (Sep 25) it has entered into a bond subscription agreement with brokerage UOB Kay Hian for a S$54 million bond deal that is exchangeable for ...
Marketing Interactive

mm2 Asia presses pause on listing of cinema business operating under Cathay brand

Entertainment group mm2 Asia is pressing pause on the spin-off and listing of its cinema business on the Catalist board of the Singapore Exchange (SGX) as it does not comply with chain listing ...
The Straits Times

mm2 Asia to pursue Kingsmead offer, cinema IPO bid in parallel

The proposed sale process of mm2 Asia's cinema business will run in parallel with its runway towards listing it on the Singapore Exchange's Catalist board, the company said yesterday. In a bourse ...
Business Times

mm2 shares see heavy trading after company gets offer for cinema business

ENTERTAINMENT group mm2 Asia 1B0 is hoping to sell at least 80 per cent of its cinema business to a local investor, for a price tag of between S$80 million and S$120 million. In a regulatory filing on ...
Vulcan Post

mm2 to sell cinema business including Cathay for S$84.8M to cope with Covid-19 financial woes

Cinema operator mm2 Asia, under the Cathay brand, is in talks with local investment company Kingsmead Properties to sell its cinema business for S$84.8 million. A meeting will soon be held to get the ...
Yahoo Finance

mm2 Asia confirms sale of controlling stake of cinema business at a loss of $84.7 mil

Back in 2017, mm2 paid $230 million for Cathay Cinema, which operated eight cinemas in Singapore. mm2 Asia has confirmed the sale of its controlling stake in its chain of cinemas. While it will ...