mm2 Asia to buy 51% stake in UnUsUaL group for up to S$26m
Add BT as a preferred source
Nisha Ramchandani
Singapore
FILM and TV content producer mm2 Asia is planning to acquire a 51 per cent stake in the UnUsUaL group of companies for up to S$26 million, in a move it says will help it develop into a leading Asian entertainment group.
According to a release to the Singapore Exchange on Wednesday, mm2 Asia has entered into a non-binding term sheet with Ong Chin Soon and Ong Chin Leong to acquire the stake, subject to a sale and purchase agreement.
TRENDING NOW
Jardine C&C selling Singapore, Malaysia dealerships to Indonesia’s Chandra Asri for US$221 million gain
Singapore’s AI boom is lifting GDP. Who gets carried along?
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
From sales executive to DBS chairman: A look at banking veteran Peter Seah’s career
