MM2 Asia Announces Creditors’ Voluntary Liquidation of Subsidiaries MM2 Star Screen and MM2 Screen Management in Malaysia 1 – Minichart

Key Developments in mm2 Asia’s Malaysian Operations mm2 Asia Ltd. (SGX: 1B0), a leading media and entertainment group, has announced a significant restructuring move that could have material implications for investors. The company’s Board of Directors has resolved to commence a Creditors’ Voluntary Liquidation for two of its Malaysian associated companies: MM2 Star Screen Sdn.…

mmCineplexes Closes Down All Cinemas After Entering Voluntary Liquidation

Follow us on Instagram, TikTok, and WhatsApp for the latest stories and breaking news. Another cinema name many Malaysians grew up with has officially closed its doors Without much warning, mmCineplexes announced that it has ceased operations immediately, after its parent company mm2 Star Screen Sdn Bhd entered into creditors’ voluntary liquidation on 22 September. The announcement was made…

Termination of Concession Agreement does not Discharge Corporate Debtor’s Obligation to Repay: NCLAT [Read Order]

In a recent case, the New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that termination of a Concession Agreement does not discharge the Corporate Debtor‘s liability to repay when such termination has no relation to the default committed by the Corporate Debtor. The suspended director of the Corporate Debtor (CD)…

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