mm2 Asia scores a home run with fourth cinema acquisition
Michelle Zhu • • 2 min read
SINGAPORE (Nov 7): CIMB is positive on mm2 Asia’s proposed acquisition of Cathay Cineplexes, which it believes will give the entertainment group a strong foothold in Singapore and enhanced bargaining power with suppliers in the industry.
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SINGAPORE (Nov 7): CIMB is positive on mm2 Asia’s proposed acquisition of Cathay Cineplexes, which it believes will give the entertainment group a strong foothold in Singapore and enhanced bargaining power with suppliers in the industry.
This will mark the group’s fourth cinema acquisition and its first outside of Malaysia, following its aborted Golden Village (GV) Singapore deal.
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