MM2 Asia Ltd (MM2) is a media, entertainment and content company with presence in Singapore, Malaysia, Hong Kong, Taiwan, China and the United States. It is the producer behind the wildly popular Ah Boys to Men movie series.
In mid-Sept, MM2 announced that it has appointed Haitong International Securities (Singapore) as financial adviser to conduct a strategic review of the group’s business with the aim of enhancing its corporate profile, branding and market awareness in the North Asia market and to explore possibility of a foreign listing of some of the group’s key assets.
While management has stated that there is no certainty that any corporate action will take place, could there be hidden fundamentals about the company that prompted a strategic review?
Let’s take a closer look in this article.