Shares & Derivatives
MM2 Asia Stock Review – Potential Beneficiary from Economy Reopening?
By SmallCapAsia  •  October 12, 2020
On 23 September 2020, the government announced that from Oct 1, large cinema halls with more than 300 seats will be allowed to admit up to 150 patrons in three zones of 50 patrons each. On the other hand, smaller cinema halls will also be allowed to increase their capacity to 50 per cent of their original operating capacity or maintain the current limit of up to 50 patrons per hall, subject to safe management measures. For Cathay Cineplexes’ parent company – MM2 Asia, it would have breathed a sigh of relief that the worst is probably over as they can welcome more customers. But that being said, the Cathay cinema is just 1 division of MM2 Asia as the latter owns many more integrated businesses across the content, immersive media, event and concert industries across Asia. Mm2 Asia Profile mm2 Asia is a leading producer of films and TV/online content in Asia. As a producer, mm2 provides services over the entire film-making process – from financing and production to marketing and...
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By SmallCapAsia
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