Movies and Entertainment

MM2 Asia

MM2 Asia released FY2026 Semi-Annual Earnings on November 13, 2025 (SGT) with actual revenue of SGD 39.96 M and EPS of SGD -0.006

MM2 Asia released FY2026 Q2 earnings on November 13, 2025 (SGT) with actual revenue of SGD 19.98 M and EPS of SGD -0.003

MM2 Asia released FY2026 Q1 earnings on November 13, 2025 (SGT), with actual revenue of SGD 19.98 M and EPS of SGD -0.003

MM2 Asia released FY2025 Q3 earnings on August 28 (SGT), actual revenue SGD 0, actual EPS SGD 0

MM2 Asia released FY2025 Q4 earnings on August 28, 2025 (SGT) with actual revenue of SGD 0 and EPS of SGD 0

MM2 Asia released FY2025 Annual Earnings on August 28 (SGT), Actual Revenue: SGD 165.13 M, Actual EPS: SGD -0.0205

MM2 Asia released FY2025 9 Months Earnings on August 28, 2025 (SGT) with actual revenue of SGD 85.41 M and EPS of SGD -0.0009

mm2 Asia exploring options to address financial difficulties

MM2 Asia Ltd demands LINKWASHA to pay S$7.6 million in arrears

MM2 Asia Sells 21.02% Stake in Vividthree Holdings

MM2 Asia released FY2025 Q1 earnings on November 14, 2024 (SGT) with revenue of SGD 43.66M and EPS of -0.0004

MM2 Asia released FY2025 Semi-Annual Earnings on November 14, 2024 (SGT), with actual revenue of SGD 85.41 M and EPS of SGD -0.0009

MM2 Asia released FY2025 Q2 earnings on November 14, 2024 (SGT), actual revenue SGD 42.7 M, actual EPS SGD -0.0004

MM2 Asia released FY2024 Cumulative 3Q Earnings on May 30, 2024 (SGT) with Revenue of SGD 163.63M and EPS of -0.0002

MM2 Asia released FY2024 H1 earnings on November 14, 2023 (SGT) with revenue of SGD 128.64M and EPS of 0.001

MM2 Asia released FY2024 Q1 earnings on November 14, 2023 (SGT) with revenue of SGD 64.32M and EPS of 0.0005

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mm2 Asia has received approval from the High Court to extend the debt repayment moratorium by four months until August 10. The application from the company and its subsidiary mm2 Entertainment was approved to avoid creditor liquidation. mm2 Asia applied for the debt moratorium last November, and its stock has been suspended. Cathay Cineplexes has voluntarily entered liquidation. Such moratoriums can protect the company from legal actions during the restructuring period

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mm2 Asia successfully applied for a debt repayment extension for an additional four months | Lianhe Zaobao

The Singapore High Court has granted a 4-month extension of the debt moratorium for mm2 Asia and its unit mm2 Entertainment, protecting them from creditors until August 10. This extension allows the company more time to develop a debt-repayment plan. The original moratorium was applied for on November 10 and granted on December 10. mm2 Asia's attempt to raise S$14 million through a share placement failed due to changed circumstances after the moratorium was granted.

Businesstimes News

Former Cathay cinema operator gets 4-month extension for debt moratorium

mm2 Asia's placement agreement with UOB Kay Hian has lapsed as conditions were not met by the 31 March 2026 deadline. The proposed placement involved up to 1.875 billion new shares. The company stated that the termination of the agreement will not materially affect its consolidated net tangible assets or earnings per share for the financial year ending 31 March 2027.

Singapore Business Review

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mm2 Asia placement deal with UOBKH lapses

mm2 All Asia Entertainment (mm2 Asia) announced that despite the failure of its private placement of new shares plan, the company will continue its restructuring strategy and seek new capital. The company plans to allocate new ordinary shares to MMRA Pte. Ltd. to raise SGD 15 million to support its restructuring plan. The previous private placement plan aimed to strengthen financial conditions and repay debts, but the plan has been terminated due to changes in the company's situation

MM2 Asia: Although the private placement of new shares plan has failed, the group continues to restructure its strategy and seek new capital | Lianhe Zaobao

mm2 All Asia Entertainment (mm2Asia) failed to meet the conditions precedent for the placement of new shares, resulting in the failure of its fundraising plan, and the underwriting agreement has become invalid and terminated. The placement plan initiated by the company last July involved 1.875 billion new shares, aiming to raise up to SGD 15 million. The issue price of the new shares is set at SGD 0.008 or the volume-weighted average price (VWAP) for the 30 days prior to shareholder approval, and it requires approval from the Singapore Exchange and shareholders to proceed

mm2 failed to meet the conditions for the placement of new shares in the Asia-wide film and entertainment fundraising plan | Lianhe Zaobao

mm2 Asia's S$14 million fundraising plan through a placement of 1.9 billion shares has failed as the agreement lapsed due to unmet conditions. The company does not expect this to significantly impact its financials for the year ending March 31, 2027. Previously, mm2 Asia announced another share placement and rights issue for restructuring and working capital needs. The proposed placement aimed to raise funds for debt repayment and improve cash flow, but the shares were suspended at S$0.003 on November 11, 2025.

Cathay Cineplexes’ operator mm2 Asia’s 1.9-billion share lifeline dead in the water

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Against the backdrop of changing consumption patterns and declining movie-watching demand, after closing several cinemas, Guotai Cinemas' spaces have been taken over by other cinema operators or repurposed for other uses. Analysts point out that the trend of shrinking cinema spaces may continue, despite brands like Galaxy Cinemas and Shaw Cinemas expanding. Some former Guotai Cinemas spaces have been converted into sports training and community public facilities

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Most of the space in Cathay Cinemas has been absorbed, analysts predict that the trend of cinema shrinkage is likely to continue | Lianhe Zaobao

mm2 Asia Faces Receivership Over Charged Shares in UnUsUaL Unit

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mm2 Asia Faces Receivership Over Charged Shares in UnUsUaL Unit

MM2 Asia(1B0.SG)

mm2 Asia successfully applied for a debt repayment extension for an additional four months | Lianhe Zaobao

Former Cathay cinema operator gets 4-month extension for debt moratorium

mm2 Asia placement deal with UOBKH lapses

MM2 Asia: Although the private placement of new shares plan has failed, the group continues to restructure its strategy and seek new capital | Lianhe Zaobao

mm2 failed to meet the conditions for the placement of new shares in the Asia-wide film and entertainment fundraising plan | Lianhe Zaobao

Cathay Cineplexes’ operator mm2 Asia’s 1.9-billion share lifeline dead in the water

Most of the space in Cathay Cinemas has been absorbed, analysts predict that the trend of cinema shrinkage is likely to continue | Lianhe Zaobao

mm2 Asia Faces Receivership Over Charged Shares in UnUsUaL Unit