SINGAPORE - Standard Chartered has issued letters of demand to mm2 Asia and its two associated companies - mm Connect and Cathay Cineplexes - seeking repayment of $905,582.87 by Oct 23.

The letters of demand, dated Oct 16, were for debts owed by mm Connect and Cathay Cineplexes, for which mm2 Asia acted as guarantor.

Cathay Cineplexes