The Straits Times

StanChart demands payment from former Cathay Cineplexes operator mm2 Asia over $905,000 debt

SINGAPORE - Standard Chartered Bank has issued letters of demand to mm2 Asia and its two associated companies – mm Connect and Cathay Cineplexes – seeking repayment of $905,582.87 by Oct 23. The ...
Business Times

mm2 Asia H2 loss jumps over 10 times to over S$100 million as it writes off cinema business

[SINGAPORE] Cathay Cineplexes owner mm2 Asia widened its net loss in the second half of its fiscal year ended Mar 31 by more than 10 times to S$101.3 million, from S$8.7 million in the previous ...
Business Times

mm2 Asia seeks another 90-day extension for AGM

[SINGAPORE] Entertainment company mm2 Asia on Wednesday (Oct 1) said it has applied to the Singapore Exchange (SGX) for another 90-day extension to hold the company’s annual general meeting (AGM) for ...
The Straits Times

mm2 Asia says voluntary liquidation of Cathay Cineplexes unlikely to affect its core businesses

is not expected to adversely impact its core businesses or continuing operations. Instead, liquidating the struggling cinema chain may improve the group’s overall cash flow and profitability, given ...