mm2 Asia gets in-principle approval from SGX for listing transfer to mainboard
CATALIST-LISTED mm2 Asia has gotten a nod from Singapore's bourse operator to transfer its listing to the mainboard.
The film and TV content producer said on Tuesday evening that Singapore Exchange (SGX) has given in-principle approval for the transfer.
Final approval is still subject to its compliance with mainboard's listing requirements, an immediate announcement of the proposed transfer, and shareholders' approval. Written undertakings and confirmation from relevant parties will also have to be produced.
mm2 Asia's counter was down by one Singapore cent, or 1.71 per cent, to close at S$0.575 on Tuesday before the announcement.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
China’s Noah to hire 50 to 100 wealth managers in Hong Kong, Singapore
Australian inflation boosts case for higher-for-longer rates
Gold edges down as Middle East worries ebb
Tesla could start selling Optimus robots by the end of next year, Musk says
Singapore stocks climb at Wednesday’s open; STI up 0.4%
China knockoff raid jolts a global throng of fake-fashion influencers