Apart from being a producer of films and TV/online content, mm2 is also the fourth largest cinema owner in Malaysia.
SINGAPORE (April 7): CIMB Research is reiterating its “add” call on mm2 Asia with a higher target price of 60 cents as compared to 52 cents previously, highlighting the counter as a relatively more liquid play on the rising media trend in the region.
In a Thursday report, analysts Ngoh Yi Sin and William Tng note the group’s subsidiary, UnUsUaL Productions, as Singapore’s “leading concert producer and promoter” which aims to expand regionally and develop its only IPs in the form of musicals.
