Brief: MM2 Asia announces launch of IPO of Unusual

MM2 Asia

04/04/2017 24:56

April 4 (Reuters) - MM2 Asia Ltd : 
    * Proposed spin-off and listing of the unusual group of 
companies on the catalist board of the sgx-st 
    * Mm2 asia ltd - launch of initial public offering of shares 
in share capital of unusual limited 
    * Mm2 asia ltd - unusual is placing 97 million shares at a 
placement price of s$0.20 per placement share 
    * Mm2 asia ltd - company will retain indirect shareholding 
interest in unusual of approximately 41.91% immediately after 
placement 
    * Mm2 asia ltd - size of placement will be approximately 
s$19.4 million 
    * Mm2 asia ltd - placement will have no impact on company's 
issued and paid-up share capital 
 
Source text for Eikon:  ID:nSN2NhrLX  
Further company coverage:  MM2A.SI  
 
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