SINGAPORE (Sept 17): Along with its parent mm2 Asia, concert producer UnUsUaL is diving into China with an eye on the growing demand for live entertainment. UnUsUaL had its IPO last year, raising $17.4 million in net proceeds, part of which was used to acquire a major stake in its long-term Chinese partner Beijing Wish. With the 49% interest, for which UnUsUaL paid RMB25.2 million ($5.05 million), the company could more than double its revenues by 2020.

Seee also: Reel headache

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