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mm2 Asia Ltd. Settles Rental Dispute in Malaysia

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mm2 Asia Ltd. Settles Rental Dispute in Malaysia

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mm2 Asia Ltd. ( (SG:1B0) ) has issued an update.

mm2 Asia Ltd. announced that its subsidiary, MM2 Star Screen, has reached a settlement regarding a legal dispute over rental arrears with Hektar Real Estate Investment Trust in Malaysia. The settlement involves a structured repayment plan and the use of security deposits, with no expected material impact on the company’s financial results for the current year.

More about mm2 Asia Ltd.

mm2 Asia Ltd. is a company incorporated in Singapore, operating in the entertainment industry. It focuses on media content and cinema operations, with subsidiaries and associated companies involved in film production and distribution.

YTD Price Performance: -28.57%

Technical Sentiment Signal: Sell

Current Market Cap: S$19.61M

Find detailed analytics on 1B0 stock on TipRanks’ Stock Analysis page.

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