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SINGAPORE: Cinema operator mm2, which owes millions of dollars to creditors, was on Wednesday (Dec 10) given a nod by the High Court to apply for a four-month moratorium. The Singapore company has ...

SINGAPORE: Entertainment group and former Cathay Cineplexes operator mm2 Asia on Monday (Nov 10) said that United Overseas Bank (UOB) had sent letters demanding repayment of S$74.6 million (US$57 ...

[SINGAPORE] Embattled entertainment group mm2 Asia is seeking a court moratorium that could prohibit winding-up resolutions from being passed for a four-month period, as it pursues a restructuring ...

[SINGAPORE] Entertainment group mm2 Asia on Monday (Nov 10) said in a bourse filing that UOB has demanded repayment of about S$74.6 million from the company and its subsidiaries. The sum – roughly ...

Shares in MM2 Asia closed 0.1 cent lower or 25% down at 0.3 cents on Nov 10. MM2 Asia has requested a voluntary suspension of the trading of its shares “with immediate effect” on Nov 11. This comes ...

The selling was 'triggered by a decline in the margin maintenance ratio below the required threshold' Melvin Ang, executive chairman of mm2 Asia, has seen his stake in the company reduced by 50 ...

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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 ...

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Mired in millions of dollars in debt, Cathay Cineplexes' parent company mm2 Asia said on Thursday (July 17) that it is considering closing its cinema business. CNA reported that winding up one of ...