Cathay cinema

Company in the news

mm2 Asia confirms sale of controlling stake of cinema business at a loss of $84.7 mil

Back in 2017, mm2 paid $230 million for Cathay Cinema, which operated eight cinemas in Singapore.

Broker's Calls

mm2 Asia still a decent 'buy' even as growth hits a snag, says DBS

SINGAPORE (Nov 16): DBS Vickers Securities is maintaining its “buy” call on mm2 Asia with a lower target price of 50 cents compared to 62 cents previously, after the group’s 1H19 results came in below expectations.
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