June 29, 2017 / 2:24 PM / a month ago

BRIEF-MM2 Asia enters placement agreement with Starhub Ltd​

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June 29 (Reuters) - MM2 Asia Ltd

* ‍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: Further company coverage:

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