Cathay Cineplexes

In print this week

Can mm2 Asia overcome its cinema disappointment?

SINGAPORE (Mar 1): In a few short years since going public, mm2 Asia now owns a chain of cinemas, a concert organiser, a visual effects studio and an online video platform.

Results

mm2 Asia posts 13.2% increase in 1Q earnings to $7.3 mil

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

Broker's Calls

An entertaining growth story is due to play out for mm2 Asia, says DBS

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 valuati

Broker's Calls

mm2 Asia scores a home run with fourth cinema acquisition

SINGAPORE (Nov 7): CIMB is positive on mm2 Asia’s proposed acquisition of Cathay Cineplexes, which it believes will give the entertainment group a strong foothold in Singapore and enhanced bargaini

M&A

mm2 Asia in option agreement to acquire Cathay Cineplexes for $230 mil

SINGAPORE (Nov 2): mm2 Asia has entered into an option agreement with Cathay Organisation for the purchase of 100% of Cathay Cineplexes.

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