mm2 Asia Ltd ("mm2" or the "Company") is offering 37.4m shares comprising 31m new shares and 6.4m vendor shares at $0.25 each for a Catalist listing. The IPO will close on 5 Dec at 12pm and starts trading on 9 Dec. There is no public tranche. The market cap is $51.7m based on the IPO price.
Principle Business
The Company is headquartered in Singapore and is a movie/content producer and distributor. Beside income from producer's fees, government grants and distribution fees, the Company can also earn products endorsement fee (which you can blatantly see in movies such as Transformers and Ironman).
Since inception, the Company has produced or co-produced and/or distributed 20 movies and i am sure many of us in Singapore has watched the above 2 movies co-produced with Jack Neo entitled "Ah Boys to Men". I believe the next movie from Ah Boys to ...
