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mm2 Asia
Company in the news
mm2 Asia acquires WE Cinemas at 321 Clementi despite cinema business not fully recovered
Executive chairman Melvin Ang says that this “strategic addition” of the cinema demonstrates the group’s confidence that the cinema business will bounce back soon.
October 18, 2024
Deals, joint ventures & alliances
mm2 and Studio Ghibli partner to rerun the latter’s animated films in SEA
The first titles will be released later this year, says mm2 Entertainment.
October 03, 2024
New appointments
mm2 Asia appoints Cindy Tan Ching Yee to board of directors
The board has also appointed Tan to serve on its audit committee and as the chairman of its remuneration committee.
September 26, 2024
Results
mm2 Asia narrows losses for FY2024
The group’s revenue jumped 49% y-o-y to $197.6 million, led by its concerts and events businesses.
May 31, 2024
Company in the news
Golden Village cinema chain owner weighs US$400 million sale
HK-listed Orange Sky Golden Harvest has a market value of HK$115 million
March 07, 2024
Company in the news
17LIVE and mm2 sign MOU to strengthen entertainment offerings across Asia
The MOU includes a potential JV focused on delivering high-quality live stream content via a platform co-owned by both companies.
March 05, 2024
Company in the news
Entertainment company mm2 Asia expands offerings to non-Chinese content with Malaysian JV
executive chairman Melvin Ang plans to begin with Malaysia and Indonesia before including other regional non-Chinese languages.
November 22, 2023
Company in the news
Is mm2 Asia's turnaround in sight as Oei and Goi step up?
Minority shareholders might sit out this rights issue as investor fatigue could have already set in
October 05, 2023
Equity raising
Tycoons Oei and Goi back mm2 Asia's 1-for-2 rights issue
mmLive, mm2's subsidiary, separately announced plans to raise $18 million by issue convertible debt securities
September 30, 2023
Deals, joint ventures & alliances
mm2 Asia’s concert arm deepens partnership with Unipact HK to create the largest live entertainment presence in Asia
The bonds may be exchanged by mmLive for a total investment of HK$19 million and into 5% of the total number of shares in Unipact.
September 07, 2023