mm2 Asia


UnUsUaL FY20 earnings fall 52.3% to $6.3 mil on postponed concerts and events due to Covid-19

SINGAPORE (May 27): Concert promotion and event production group UnUsUaL reported a 52.3% drop in net profit to $6.3 million for FY20 ended March 31, from $13.2 million a year ago.

Broker's Calls

DBS downgrades mm2 Asia as Singapore shutters cinemas to curb Covid-19

SINGAPORE (Mar 25): DBS Group Research is downgrading its call on mm2 Asia to “fully valued” from “hold”, while reducing its target price to 10.7 cents from 30 cents previously.


Vividthree in talks to acquire comics content creator DarkBox Studio

SINGAPORE (Dec 27): Vividthree Holdings, the visual effects and computer-generated imagery (CGI) company, says it is in talks to acquire comics content creator, DarkBox Studio.


SATS, whose 'digitalisation' is underway, grabs top spot; Silverlake Axis beats peers on ROE

SINGAPORE (Sept 16): SATS, which provides gateway services and catering to the aviation, hospitality, healthcare, freight and logistics, and government sectors, was the runner-up in the 2018 servic

Broker's Calls

Analysts expect a more exciting performance from mm2 Asia in FY20

SINGAPORE (June 4): DBS Vickers Securities is upgrading its call on mm2 Asia from “hold” to “buy” while raising its target price by a cent to 34 cents, which is pegged to 16 times FY20F earnings fo


mm2 Asia's FY19 earnings fall 14.7% to $19.1 mil on net margin decline

SINGAPORE (May 31): mm2 Asia reported $6.2 million in earnings for the 4Q ended March, down 7.5% from $6.7 million a year ago due to lower revenue and expansion costs.


UnUsUaL reports 32% higher FY19 earnings of $13.2 mil on improved revenue & margins

SINGAPORE (May 27): UnUsUaL Limited has reported $13.2 million in net profit for the FY19 ended March, representing a 32% increase from FY18 net profit of $10 million due to higher revenue and impr

Broker's Calls

mm2 Asia cut to 'hold' by Maybank despite latest box office showing

SINGAPORE (Mar 26): Maybank Kim Eng would rather wait for mm2 Asia’s cinema division to make disclosures in its fiscal-year-end reporting before changing its forecasts.

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.

Broker's Calls

mm2 Asia remains a 'buy' for Maybank despite reduced forecasts on non-operational leakage

SINGAPORE (Feb 21): Maybank Kim Eng is maintaining its “buy” call on mm2 Asia while lowering its target price on the stock to 34 cents from 57 cents previously, after cutting 2019-21E core profit f

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