mm2 Asia

[traderly]

Ron Sim also took a stake yesterday.. top 20 volume yesterday and today..

[cyclone]

mm2 Asia today announced that its wholly owned subsidiary, mm2 Entertainment Pte Ltd has signed a film co-production term sheet agreement with BoulderLight Pictures, a US-based production and international sales company behind notable productions like "Dementia", "Contracted" and "Uncaged".

mm2 Asia and BoulderLight Pictures will co-produce a film called "Good Match", a contemporary thriller about Harris, a good-looking bachelor who meets a seemingly perfect match on a social dating app. However, things take a dark turn when her behaviour starts to become erratic.

"Good Match" is written by rising genre screenwriter David Chirchirillo, whose previous previous credits include SXSW Midnight Award winner "Cheap Thrills" and Magnolia's "ABC’s of Death 2". Recently, Chirchirillo’s script "Eli" was selected for the Black List 2015, which recognises the year’s most-liked unproduced screenplays as voted on by leading Hollywood film executives. Previous Black List screenplays include "Slumdog Millionaire", "The King's Speech" and "Argo".

More details in http://infopub.sgx.com/FileOpen/mm2%20-%...eID=405363

<not vested>

[traderly]

Results -MM2 ASIA’S FY2016 NET PROFIT ROSE 75% TO S$8.9 MILLION

http://infopub.sgx.com/FileOpen/mm2%20-%...eID=406331

CIMB TP $0.73
https://www.mm2asia.com/component/k2/cim...gator.html

UOB TP $0.74
https://www.mm2asia.com/component/k2/uob...tions.html

DBS TP $0.75 
https://www.mm2asia.com/component/k2/dbs...ofile.html

[traderly]

DBS revised TP to $0.83...

[traderly]

new highs for almost 5 days in a row touched 80.5

[traderly]

new high 825

[weijian]

hi traderly,
VB does nt encourage posts with prices and then nothing else. We are not a price reporting forum because things here are better than that.

Do take note.

[traderly]

i think a bit pricey for now till new catalysts perhaps. any thoughts?

[cyclone]

mm2 Asia celebrates 2nd year of listing with shareholders
1. Offering exclusive previews of its Lunar New Year movies to all shareholders (each shareholder with a pair of tickets to two exclusive movie previews)
2. Shareholders also invited to try mm2’s brand new 2mm Talent Café with free S$38 voucher

More details in http://infopub.sgx.com/FileOpen/mm2%20As...eID=432572

[YMPL]

It is usually rejected by SGX for a spin-off listing of core biz. I reckon, both mm2 and UnUsUaL are having the similar biz. What is the special in this mm2/UnUsUaL case?

mm2 Asia's UnUsUaL group to make preliminary offer for spin-off and listing after March 20 EGM

SINGAPORE (March 8): mm2 Asia announced that its subsidiary UnUsUaL Group intends to lodge its preliminary offer document with the Singapore Exchange following the extraordinary general meeting (EGM).

To recap, the entertainment production company last Thursday issued notice of the EGM that is to be held on 9.30 am on March 20 to vote on its proposed spin-off and subsequent listing.
http://www.theedgemarkets.com.sg/article...rch-20-egm