Attended MM2 AGM on 31 Aug 2019 at 2MM Talent Hub. Cathay Cinema Majority of the shareholders questions evolve around Cathay Cinema. This is of no surprise ever since MM2 announced acquire of Cathay Cinema in Nov 2017, the share price had went south from $0.585 (Nov 2017) to current $0.225 (Aug 2019). A drop of 60%. Melvin had explained that by acquiring cinema business, it create a synergy which is beneficial for the Group in the long run. It widen the network contact in the film industry which MM2 previously did not even have the opportunity in the past. One of the example provided was MM2 now have the contact with Hollywood due to Hollywood need to talk to cinema operator to air their movies. However, in current suitation, Cathay is bleeding MM2 balance sheets with the high interest rate loan. The feeling Melvin gave based on his reply, according to my understanding, a...