mm2 Asia Subsidiary Faces S$200,000 Payment Demand from Ace Financial
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mm2 Asia Ltd.'s subsidiary, mm2 Entertainment Pte. Ltd., has received a S$200,000 payment demand from Ace Financial Services, citing non-payment under a 2022 agreement. The company is seeking legal advice and warns shareholders of potential litigation risks. The latest analyst rating for mm2 Asia Ltd. is a Sell, with a price target of S$0.01, reflecting short-term uncertainty regarding its financial obligations.
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