mm2 Asia says voluntary liquidation of Cathay Cineplexes unlikely to affect its core businesses

mm2 Asia says voluntary liquidation of Cathay Cineplexes unlikely to affect its core businesses

Separately, two of the group’s Malaysian subsidiaries receive letters of demand from Disney for RM1.2 million in film licence fees. Read more at straitstimes.com.

Voluntary liquidation of Cathay Cineplexes 'not expected to adversely impact core businesses': mm2 Asia

Cathay Cineplexes' parent company, mm2 Asia, said that the voluntary liquidation of its cinema chain business is unlikely to have a major impact on its core businesses or continuing operations.In a bourse filing on Wednesday (Sept 3), the entertainment company responded to queries from the Singapore Exchange Regulation and said that the liquidation will instead "expected to improve the group’s...

mm2 Asia says voluntary liquidation of Cathay Cineplexes unlikely to affect operations

Entertainment company mm2 Asia on Wednesday (Sep 3) said the voluntary liquidation of Cathay Cineplexes is not expected to adversely impact its core businesses or continuing operations.