The Straits TimesBusiness
mm2 Asia creditors approve restructuring scheme
Creditors have approved a restructuring plan for mm2 Asia, the former operator of Cathay Cineplexes. It includes a proposed placement of 16.3 billion shares to raise 15 million dollars, with 11.5 million dollars earmarked for creditors.
This card is an AI-assisted summary of reporting published by The Straits Times. Read the original report before relying on it for medical, legal, financial, safety, or emergency decisions.