mm2 asia

Cathay Cineplexes operator mm2 Asia’s 1.9-billion share placement falls through

This follows the suspension of its share in November and a moratorium

Shares of mm2 Asia have been suspended since Nov 11; they last closed at S$0.003.

mm2 Asia proposes share placement, rights issue with private equity fund

Proposed transactions part of company’s overall restructuring, as it aims to strengthen capital base, improve working capital position

mm2 Entertainment is known for producing works such as the Ah Boys To Men movies.

mm2 Asia unit receives S$200,000 payment demand from creditor

This is the third demand for payment that mm2 Asia’s subsidiaries have received in two weeks

mm2 Asia formerly operated Cathay Cineplexes, which ceased operations in September.

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...

Cathay Cineplexes owner mm2 Asia is facing insolvency issues.

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

The latest move comes as mm2 Asia attempts to reorganise its business and financial affairs, having received several payment demands from landlords of outlets of its failed cinema chain Cathay Cineplexes.

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