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mm2 Asia in preliminary discussions to buy stake in Golden Village Cinema

Jude Chan Published on Fri, May 19, 2017 / 7:18 PM GMT+8

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SINGAPORE (May 19): mm2 Asia announced Friday that it is in preliminary discussions to acquire a stake in the Golden Village Cinema business in Singapore.

In a filing to SGX, mm2 says discussions and negotiations with Village Cinemas Australia are at a preliminary stage and are ongoing.

mm2 is proposing to acquire Village Cinemas’ entire stake in Hong Kong-incorporated Dartina Development Limited, which holds the Golden Village Cinema business in Singapore.

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