Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. Divesting its stakes in UnUsUaL and Vividthree to pare down its debt level is another option to improve its financial matrix. Excerpts from DBS Group Research reportSpotlight on M&A, mm2 Asia owns 39% stake in listed entity UnUsUaL Ltd and 42% stake in another recently listed entity Vividthree. Best View at min 1024x768 screen resolution with IE11/Firefox3+/Safari/Chrome 5.5/Opera 10.6, All Rights Reserved @ NextInsight Pte Ltd. Spider web listing – Optimising structure to maximise returns Cross holdings among listed companies is common and offers benefits such as retaining greater control of the group. The Concert and Event segment comprises the sales on events production, concerts promotion, and stage sound system and equipment rental. However during this period, mm2 share price had only rose from $0.20 (December 2015) to the current $0.30. The Cinema Operations segment pertains to sales of cinema ticket and concession, hall rental, and screen advertising. Coupled with the current cautious mood, especially for small-mid caps, current valuation is at an attractive level.mm2 paid 13.8x for the Cathay cinema chain in Singapore and about 8-9x for the Malaysia cinemas while peers are trading at about 5.5x P/EBITDA. Commerce Policy | mm2 Asia owns 39% stake in listed entity UnUsUaL Ltd and 42% stake in another recently listed entity Vividthree. Dividend). Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps.

mm2 Asia Ltd. is an investment holding company, which engages in the production of films and television and online content. That said, mm2 can still derive the synergistic effect even with a smaller stake in the cinema business. However, this leads to a smaller free float which could hinder these entities from reaching a wider audience especially when fund raising. The Core Business segment refers to the production and distribution of motion picture, video, and television program and sponsorship. The company was founded by Wee Chye Ang in 2008 and is headquartered in Singapore.

MM2 ASIA LTD. (1B0.SI) General MM2 ASIA LTD. (1B0.SI) Share Price MM2 ASIA LTD. (1B0.SI) Target Price MM2 ASIA LTD. (1B0.SI) Analysts Say MM2 ASIA LTD. (1B0.SI) Corporate Actions MM2 ASIA LTD. (1B0.SI) Announcements MM2 ASIA LTD. Stock analysis for mm2 Asia Ltd (MM2:Singapore) including stock price, stock chart, company news, key statistics, fundamentals and company profile. mm2 Asia Ltd. is an investment holding company. Both UnUsUaL and Vividthree have a healthy project pipeline. Disclaimer | The Post and Content Production segment includes services in visual effects and immersive media works for feature films and commercials. With the acquisition of the Cathay cinema business in Singapore in 2017, the group has taken on debt to fund the acquisition. 1) A spinoff / dilute its stake in the cinema business, Based on sum-of-the-parts valuation, and stripping out its stakes in UnUsUaL and Vividthree, the market is valuing the core production and cinema segment at only S$144m, which works out to P/EBITDA of slightly over 2x, which is too low in our view.”. To alleviate the debt burden, mm2 could explore various options:-, 1) A spinoff / dilute its stake in the cinema business 2) Divest its stakes in UnUsUaL and Vividthree 3) Bring in strategic investors. Yahoo is part of Verizon Media. Going forward, though net debt position is expected to improve to 0.4x in FY Mar 20F, the hefty interest expense is still a drag on the group’s bottomline. Made In NYC |

Youtube screenshotAs a result, it has transposed from an asset-light group to own cinemas in both Singapore and Malaysia. Find the latest MM2 Asia (1B0.SI) stock quote, history, news and other vital information to help you with your stock trading and investing.

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UnUsUaL has lined up its artistes in various locations including Singapore, China, Hong Kong, Malaysia, Bangkok, and Jakarta while its family entertainment shows, which have a wider target audience reach, provide even greater visibility. mm2’s share price has fallen by more than half from a high of S$0.645 before it acquired the Cathay cinema business. Share price: 23 c. Target: 34 c. mm2 Asia owns 39% stake in listed entity UnUsUaL Ltd and 42% stake in another recently listed entity Vividthree. The Company is a producer of films, television and online content. Its segments include Core business, Post-production and Cinema operation. The cinema business helps the group to derive synergistic effect from having a full value chain. Source: FactSet. : Get the latest mm2 Asia stock price and detailed information including news, historical charts and realtime prices.