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mm2 Asia Ltd. ( (SG:1B0) ) has shared an update.
mm2 Asia Ltd. has announced the creditors’ voluntary liquidation of its associated companies, MM2 Star Screen Sdn. Bhd. and MM2 Screen Management Sdn. Bhd., due to unsuccessful restructuring negotiations and financial challenges. The appointment of an interim liquidator marks a significant step in winding up these entities, with implications for stakeholders to exercise caution regarding the company’s securities.
More about mm2 Asia Ltd.
mm2 Asia Ltd. is a media and entertainment company based in Singapore, primarily involved in the production and distribution of films and television content. It operates through various subsidiaries, focusing on the Southeast Asian market.
YTD Price Performance: -28.57%
Technical Sentiment Signal: Sell
Current Market Cap: S$13.07M
For detailed information about 1B0 stock, go to TipRanks’ Stock Analysis page.