The Business Times
business-time-50
HOT STOCK
·
SUBSCRIBERS

mm2 Asia down 11.11% after auditor notes material uncertainty

google-preferred-sourceAdd BT as a preferred source
Vivienne Tay

Vivienne Tay

Published Wed, Jul 14, 2021 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Shares tumble

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.

Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

mm2 asiaHot StockTheatreMovies

Copyright SPH Media. All rights reserved.

Reuse this contentFeedback

TRENDING NOW

DBS filed the bankruptcy application after serving statutory demands to the directors of Autobahn Rent A Car in December 2025.

Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS

Tthe Bond franchise has spanned over 60 years, grossing more than US$7 billion at the global box office, making it one of the most successful ever.

Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise

The acquisition of Citigroup's retail banking businesses in Indonesia, Malaysia, Thailand and Vietnam has helped double UOB’s customer base across the four markets.

UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates

Property-based taxes may have limited room to run – and pushing them further risks hitting the wrong people, observers say.

In taxing wealth, how far can Singapore push property owners?

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More