The payment sum, which is $2,619,235,72 in full, has to be paid within three weeks from the date of service of the statutory demand, which is by August 5.
mm2 Asia has received a letter of demand (LOD) and a statutory demand (SD) from solicitors representing Frasers Centrepoint Trust (FCT) for rent and other costs owed by its associates Cathay Cineplex to landlords, on July 15.
The LOD and SD are in respect of outstanding rental and related payments for leased premises at Century Square and Causeway Point.
