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mm2 Asia Ltd. ( (SG:1B0) ) has shared an update.
mm2 Asia Ltd. has disclosed that its subsidiary, mm2 Entertainment Pte. Ltd., received a letter of demand on 28 December 2025 from solicitors acting for investor Yi Xianhuang, seeking payment of approximately S$6.32 million allegedly owed under various movie investment agreements and a refundable deposit tied to a television series. The letter demands full settlement by 9 January 2026 and warns that legal proceedings may be initiated if payment is not made, prompting the board to caution shareholders and potential investors to exercise care when trading the company’s securities while it monitors the situation and prepares further updates.
The most recent analyst rating on (SG:1B0) stock is a Sell with a S$0.01 price target. To see the full list of analyst forecasts on mm2 Asia Ltd. stock, see the SG:1B0 Stock Forecast page.
More about mm2 Asia Ltd.
mm2 Asia Ltd., incorporated in Singapore, operates in the media and entertainment industry through subsidiaries such as mm2 Entertainment Pte. Ltd., focusing on movie and television content production and related investment agreements.
YTD Price Performance: -28.57%
Technical Sentiment Signal: Sell
Current Market Cap: S$19.61M
See more data about 1B0 stock on TipRanks’ Stock Analysis page.