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mm2 Asia raises nearly S$54.7m from rights issue

Lisa Kriwangko

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

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

    Singapore

    ENTERTAINMENT group mm2 Asia raised nearly S$54.7 million after the close of its rights issue last Thursday.

    Announced on Feb 3, the issue was priced at 4.7 Singapore cents per rights share, which represents a discount of around 60.8 per cent to the closing price of 12 Singapore cents per share on Feb 1, being the last trading day prior to the announcement.

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