mm2 Asia

SINGAPORE (Aug 14): mm2 Asia reported 1Q19 earnings increased by 13.2% to $7.25 million, compared to $6.40 million in 1Q18.

SINGAPORE (June 5): CGS-CIMB Securities expects mm2 Asia to continue growing as a regional media and entertainment platform with a thriving production core business.

SINGAPORE (May 30): DBS Vickers Securities is reiterating its “buy” call on mm2 Asia, but with a lower target price of 70 cents compared to 75 cents previously after implementing a downward valuation PEG adjustment for the group, in line with peers.

SINGAPORE (May 29): mm2 Asia reported FY18 earnings rose 50.9% to $26.4 million, or 2.34 cents per share, from a year ago.

SINGAPORE (Apr 23): Maybank is initiating coverage on media and entertainment conglomerate mm2 Asia with a “buy” and a target price of 56 cents.

SINGAPORE (Apr 16): mm2 Asia has sold a total of $25.8 million worth of shares in UnUsUaL to Prince Abdul Qawi of Brunei and R3 Asian Gems.

SINGAPORE (Mar 28): mm2 Asia announced that it has entered into a binding term sheet with Singapore Press Holdings (SPH) to establish a joint venture (JV) company to engage in digital editorial and video content creation.

SINGAPORE (Mar 20): UnUsUaL, the event and concert production company, is investing in a film production company in China to further extend its presence in the country.

SINGAPORE (Mar 15): CIMB Research has identified four entertainment stocks that give investors the best bang for their buck – and prove that Singapore is far from boring.

SINGAPORE (Mar 5): DBS's windfall dividend was the most "exciting" event over the two months of earnings reporting, says CIMB, given 4Q17 was not an impressive quarter for Singapore stocks.