Unusual Group launches S$19.4m IPO via placement

Singapore

FILM and TV content producer mm2 Asia has launched the initial public offering (IPO) of its events production unit, the Unusual Group, on the junior Catalist board, seeking to raise about S$19.4 million via placement. There was no retail tranche.

The spun-off Unusual Group is offering 96.99 million placement shares at S$0.20 each, Catalist-listed mm2 said in a Singapore Exchange filing on Tuesday.