mm2 Asia to bag 51% stake in Unusual worth $26m

4 Feb 2016 - Singapore Business Review
It’s a bid to improve its Southeast Asia, North Asia presence. mm2 Asia is planning to snap up a 51% stake in show promotion and organising firm Unusual Group of Companies for $26m. According to mm2 Asia’s media release, the deal is subject to various conditions precedent, such as that net profit after ...
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Asia’s next top producer: mm2 Asia banks on M&A opportunities for growth

4 Feb 2016 - Singapore Business Review
Since its IPO, it’s been on an acquisition spree. The movie/TV production company is planning to dominate Asia with its unique model, which is less reliant on box office performance by limiting its equity stake of film budget to no more than 10%. According to analysts from CIMB, it’s also looking to ...
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mm2 Asia to Pick up 51% stake in UnUsUaL group for $18m

3 Feb 2016 - DealStreetAsia
Singapore-based television and movie producer mm2 Asia Ltd is in the process of acquiring 51 per cent stake in event production firm UnUsUaL Group of Companies for S$26 million (around $18 million). The media company has signed a non-binding term sheet with Ong Chin Soon and Ong Chin Leong to acquire ...
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MM2 Asia to acquire majority stake in interactive solutions tech startup

18 Dec 2015 - Singapore Business Review
It’s MM2’s first step in digital media and technology. The film and television content produces is catching up with the fast paced world of technology, most notably in the cinema business, as it enters into an agreement to acquire a majority stake in Millinillion, a tech start-up developing interactive ...
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mm2 Asia to issue shares in new placement

9 Dec 2015 - DealStreetAsia
Singapore-based filmmaker and production house mm2 Asia mm2 Asia plans to issue a new placement of shares to three investors, in order to raise S$5 million ($3.54 million), the company said. According to a filing with the Singapore exchange (SGX), it will sell 6.35 million shares at 78.72 cents a share ...
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MM2 Asia to jumpstart growth as it sells $5m in new shares to three investors

8 Dec 2015 - Singapore Business Review
It will issue 6,351,625 shares at $0.7872 each. The film and television content production firm aims to take their projects to another level while simultaneously reducing their borrowings as they plan to raise approximately S$5.0 million in net proceeds from a new share placement. According to a statement ...
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mm2 Asia to buy two Malaysia cinemas for S$14.9m

30 Apr 2015 - DealStreetAsia
Fresh from its deal to acquire a controlling stake in Vividthree Productions, Singapore based film producer and distributor SGX-listed mm2Asia is now looking to buy two cinemas in Malaysia from Cathay Cineplexes for RM40 million (S$14.9 million). CCSB operates cinemas at two locations in Malaysia with ...
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Ah Boys to Men 3 producers MM2 Asia poised to buy animation firm Vividthree

5 Mar 2015 - Channel NewsAsia
LOS ANGELES: MM2 Asia, the Singapore film producer and distributor that recently listed on the local stock exchange, is in advanced talk to make its first post-IPO acquisition. The company said that it has signed a term sheet to buy a 51 per cent stake in Singapore-based animation company Vividthree ...
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Film producer mm2 lists on SGX with $6m IPO

10 Dec 2014 - DealStreetAsia
Film producer and distributor mm2 Entertainment has raised about $ six million from its initial public offer (IPO) becoming the first player from the city state’s film industry fraternity to be listed on Singapore Exchange (SGX). The company had launched its IPO to sell 37.4 million shares at 25 cents ...
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