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mm2 Asia to buy 13 more M'sian cinemas for RM118m

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Published Tue, Nov 8, 2016 · 09:50 PM

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Singapore

MM2 Asia has announced an RM118 million (S$38.9 million) acquisition bid for the management and operations of 13 cinemas from Malaysia's private-owned Lotus Fivestar Cinemas.

mm2 Asia said with the acquisition, it will own 133 cinema screens in Malaysia and emerged as the fourth largest cinema operator in the country.

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