Brief: MM2 Asia enters placement agreement with Starhub Ltd
29/06/2017 14:48
June 29 (Reuters) - MM2 Asia Ltd MM2A.SI
* Co entered into a placement agreement with Starhub Ltd
* Starhub has agreed to subscribe for 26.3 million new
ordinary shares in capital of company at S$0.57 per placement
share
* Net proceeds will be used to finance proposed acquisition
of a stake in Golden Village Cinema business in Singapore and
new productions
Source text for Eikon: ID:nSNZvdtW5
Further company coverage: MM2A.SI
((Bangalore.newsroom@thomsonreuters.com;))
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