Culture
mm2 Asia unit receives payment demand for S$18.9 million from creditor
A unit of embattled entertainment group mm2 Asia on Monday (Dec 29) said it has received a payment demand for S$18.9 million, even as the…
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MM2
Culture
Stocks to watch: OCBC, Frasers Property, Straco, ASL Marine, mm2 Asia, Banyan Tree
The following companies saw new developments that may affect trading of their securities on Friday (Nov 28): OCBC: Its mobile banking…
Culture
mm2 Asia gets 90-day extension to hold AGM; deadline is Jan 27
Entertainment company mm2 Asia has obtained approval from the Accounting and Corporate Regulatory Authority (Acra) for an extension of…
Culture
Debt-ridden mm2 Asia’s H1 net loss deepens to S$39.7 million as existential threat looms
Entertainment group mm2 Asia on Thursday (Nov 13) reported a net loss of S$39.7 million for the half-year ended Sep 30, widening from the…
Culture
Banks and landlords are pounding on the door. Can mm2 Asia survive the siege?
It has been a difficult year for the group, whose Cathay Cineplexes unit is already in voluntary liquidation Mired in debt and facing…
Culture
mm2 Asia seeks High Court moratorium to prevent winding up resolutions for four months
It applied for an order to prohibit current, pending or threatened proceedings from being commenced or continued against it Embattled…
Culture
UOB issues S$74.6 million payment demand to mm2 Asia
Entertainment group mm2 Asia on Monday (Nov 10) said in a bourse filing that it and its subsidiaries have received letters of demand from…
Culture
Stocks to watch: ST Engineering, UOI, Suntec Reit, OUE Reit, mm2 Asia
The following companies saw new developments that may affect trading of their securities on Friday (Oct 24): Source link
Culture
Standard Chartered issues payment demand to mm2 Asia units over S$905,000 debt
Standard Chartered has issued letters of demand to two associated companies of entertainment group mm2 Asia, seeking repayment of…
Culture
mm2 Asia seeks another 90-day extension for AGM
More time is needed, given the liquidation of its cinema operations and audit delays, says the entertainment company Entertainment company…
Culture
Another Malaysian unit of mm2 Asia receives RM1.5 million payment demand
MM2 Star Screen is also asked to pay 5% interest on the amount owed, along with the legal costs of film distributor Antenna Entertainments…
Culture
mm2 Asia’s Malaysia unit settles dispute with landlord over unpaid rent, other charges
A Malaysian unit of beleaguered entertainment group mm2 Asia has settled a dispute with its landlord, Hektar Real Estate Investment Trust,…
Culture
mm2 Asia scraps stake sale; PE fund to take 29% of Vividthree stake in direct share deal instead
As a result of the new share placement, controlling shareholder mm2 Asia’s stake in Vividthree will be diluted to 23% Vividthree Holdings…
Culture
mm2 Asia says voluntary liquidation of Cathay Cineplexes unlikely to affect operations
Entertainment company mm2 Asia on Wednesday (Sep 3) said the voluntary liquidation of Cathay Cineplexes is not expected to adversely…
Culture
Stocks to watch: Olam, GuocoLand, Civmec, mm2 Asia, Aims Apac Reit, Shangri-La Asia
The following companies saw new developments that may affect trading of their securities on Friday (Aug 29): Olam: The food and…
Culture
mm2 Asia evaluating all available options, including winding up Cathay Cineplexes
Cathay Cineplexes parent company mm2 Asia said on Thursday (Jul 17) that it is evaluating all available options to address its financial…
Culture
mm2 Asia seeks to delay S$54 million bond repayment by six years
Embattled entertainment group mm2 Asia has proposed to amend a S$54 million-bond deal that was set for redemption in December. In a…
Culture
Cathay Cineplexes operator mm2 Asia to raise funds for debt repayment via proposed share placement
The announcement comes after the cinema chain received a S$3.4 million payment demand from the landlord of its shuttered Jem outlet Media…
Culture
mm2 Asia to sell 21.02% of its stake in subsidiary Vividthree to PE fund for S$1.7 million
Mainboard-listed media company mm2 Asia on Wednesday (May 28) entered into a sale and purchase agreement with private equity fund Hildrics…
Fashion
Stocks to watch: Singtel, ST Engineering, Clar, F&N, BRC Asia, Fu Yu, MM2 Asia, Japan Foods
THE following companies saw new developments that may affect trading of their securities on Friday (Feb 7). Source link