mm2 Asia down 11.11% after auditor notes material uncertainty

Singapore

SHARES of entertainment group mm2 Asia dived 11.11 per cent on Wednesday after the group on Tuesday said its independent auditor noted a material uncertainty regarding the group's ability to continue as a going concern.

The counter hit an intraday low of 6.5 Singapore cents, down 19.7 per cent or 1.6 cents as at 9.17am, and was one of the most actively traded by volume when the market opened.