UOB demands $74.6 million payment from former Cathay Cineplexes operator mm2 Asia
The Straits Times - Sports·2025-11-10 12:00
SINGAPORE – Entertainment group mm2 Asia said on Nov 10 in a bourse filing that UOB has demanded repayment of about $74.6 million from the company and various of its units.
The sum – which is roughly three times mm2 Asia’s market value of $26 million – follows millions of dollars in payment demands from landlords over the group’s failed Cathay Cineplexes chain.
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