Increase in Paid-up Share Capital of Wholly-owned Subsidiary - mm2 Entertainment Pte Ltd

The Board of Directors (“Board”) of mm2 Asia Ltd. (“Company”, and together with its subsidiaries, “Group”) wishes to announce that the Company’s wholly-owned subsidiary, mm2 Entertainment Pte. Ltd. has increased its paid-up share capital from S$500,000 to S$2,000,000 via an allotment and issuance of 1,500,000 ordinary shares at S$1.00 per share to the Company (“Increase of Share Capital”).

The Increase of Share Capital was funded through internal resources and is not expected to have any material impact on the net tangible assets per share and earnings per share of the Group for the financial year ending 31 March 2018.

None of the Directors, controlling shareholders or substantial shareholder of the Company has any interest, direct or indirect, in the Increase of Share Capital, save for their shareholdings in the Company.

By Order of the Board

Melvin Ang Wee Chye

Executive Chairman

14 December 2017

#Announcement #2017 #2017Announcement

Recent Posts
Follow Us
  • Facebook Basic Square
  • YouTube Social  Icon
  • Instagram Social Icon
  • Twitter Basic Square
  • Facebook Social Icon
  • YouTube Social  Icon
  • Instagram Social Icon
  • Twitter Social Icon

Copyright © 2019 mm2 Asia Ltd. All Rights Reserved.

Please note that our company welcomes all enquiries. However please do not send us any proposals, stories, scripts or any materials to us unsolicited. The Company shall not be held responsible for any unsolicited materials sent to us and we cannot be responsible in any way for safe guarding the confidentiality of such materials. All unsolicited proposals, stories, scripts or any similar materials shall be deemed to be sent at the sender's risk. Read more here.