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The latest announcement is out from mm2 Asia Ltd. ( (SG:1B0) ).
mm2 Asia Ltd., along with its associated companies mm Connect Pte. Ltd. and Cathay Cineplexes Pte. Ltd., has received letters of demand from Standard Chartered Bank for a debt of S$905,582.87. The company is seeking legal advice and monitoring the situation, advising shareholders and investors to exercise caution.
More about mm2 Asia Ltd.
mm2 Asia Ltd. is a company incorporated in Singapore, operating in the entertainment industry. It is involved with its subsidiaries in various segments including film production and distribution, and cinema operations.
YTD Price Performance: -28.57%
Technical Sentiment Signal: Sell
Current Market Cap: S$19.61M
For an in-depth examination of 1B0 stock, go to TipRanks’ Overview page.