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UnUsUaL Ltd. Clarifies Independence Amid mm2 Financial Matters

Story Highlights
  • UnUsUaL Ltd. operates independently from mm2 Asia Ltd. despite shared ownership.
  • The company’s operations are unaffected by mm2’s financial issues, ensuring business continuity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
UnUsUaL Ltd. Clarifies Independence Amid mm2 Financial Matters

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UnUsUal Ltd. ( (SG:1D1) ) has issued an announcement.

UnUsUaL Ltd. has clarified that UnUsUaL Management Pte. Ltd. (UMPL), which is involved in a letter of demand from United Overseas Bank Limited, is not part of its group but is controlled by mm2 Asia Ltd., a substantial shareholder. The company emphasized that its operations remain unaffected by mm2’s financial issues, maintaining independent management and financial resources, and advised shareholders to exercise caution when dealing with its shares.

More about UnUsUal Ltd.

UnUsUaL Ltd. is a company incorporated in Singapore, operating in the entertainment industry. It focuses on producing and promoting large-scale live events and concerts, distinguishing itself with a market focus on entertainment production and event management.

Average Trading Volume: 1,813,793

Technical Sentiment Signal: Sell

Current Market Cap: S$71.01M

For a thorough assessment of 1D1 stock, go to TipRanks’ Stock Analysis page.

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