Appointment of Financial Advisor by mm2 Asia

1. INTRODUCTION


The Board of Directors of mm2 Asia Ltd. (the "Company") together with its subsidiaries (the "Group") wishes to announce that the Group has appointed Haitong International Securities (Singapore) Pte Ltd as its financial adviser, to complete a strategic review of the businesses of the Group. The Group, through the strategic review, aims to further enhance its corporate profile, branding and market awareness in the North Asia markets where it currently operates; and to explore the possibility of seeking a foreign listing of some of the Group's key assets and / or businesses, which may include the cinema operations, to further enhance shareholder value. There is no assurance that any such strategic review will result in any corporate exercise materialising and/or completing, and/or whether the intended results will be achieved. If and when there are any material developments which warrant disclosure, the Company and its relevant subsidiaries will, in compliance with the applicable rules, make further announcements as appropriate.


2. CAUTIONARY STATEMENT


Shareholders and potential investors should exercise caution when trading in the Company's shares, as there is no certainty that any corporate action will take place. In the event of any doubt as to the action they should take, shareholders and potential investors should consult their financial, tax, legal or other professional advisers.



BY ORDER OF THE BOARD



Melvin Ang Wee Chye

Executive Chairman

31 July 2018

#2018 #2018Announcement #Corporate

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