mm2 asia
Former Cathay cinema operator mm2 gets lifeline after High Court shields it from creditors for 4 months
The company also has to disclose significant asset transactions within 14 days
mm2 Asia gets 90-day extension to hold AGM; deadline is Jan 27
[SINGAPORE] Entertainment company mm2 Asia has obtained approval from the Accounting and Corporate Regulatory Authority (Acra) for an extension of time to hold its annual general meeting by Jan 27, 2...
Debt-ridden mm2 Asia’s H1 net loss deepens to S$39.7 million as existential threat looms
Revenue is down 53.2% year on year at S$40 million
Banks and landlords are pounding on the door. Can mm2 Asia survive the siege?
It has been a difficult year for the group, whose Cathay Cineplexes unit is already in voluntary liquidation
mm2 Asia seeks High Court moratorium amid doubts over entertainment group’s continued operations
It has applied for an order to prohibit current, pending or threatened proceedings from being commenced or continued against it
mm2 Asia’s woes deepen as UOB demands S$74.6 million payment
Lender joins landlords and others in seeking payments from Cathay Cineplexes parent
Frasers Centrepoint Trust files S$2.6 million claim against mm2 Asia over Causeway Point lease
It includes 12% annual interest, damages, costs and other reliefs
Standard Chartered issues payment demand to mm2 Asia units over S$905,000 debt
The latest demand adds to mm2’s mounting financial troubles
mm2 Asia seeks another 90-day extension for AGM
More time is needed, given the liquidation of its cinema operations and audit delays, says the entertainment company
Another Malaysian unit of mm2 Asia receives RM1.5 million payment demand
MM2 Star Screen is also asked to pay 5% interest on the amount owed, along with the legal costs of film distributor Antenna Entertainments
