mm2 Asia says it's still in talks to buy stake in Golden Village cinema business

Singapore

mm2 Asia Ltd, a producer of films as well as TV and online content, said it is still in discussions with Village Cinemas Australia on possible options to proceed with the purchase of a 50 per cent interest in Golden Village cinema business in Singapore.

The agreement to buy Village Cinemas Australia's half-stake in Dartina Development that holds the Golden Village cinema business in Singapore lapsed after the former failed to secure the approval of Golden Screen, which owns the other half of Dartina by July 21.