
MM2 Asia: Although the private placement of new shares plan has failed, the group continues to restructure its strategy and seek new capital | Lianhe Zaobao

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mm2 All Asia Entertainment (mm2 Asia) announced that despite the failure of its private placement of new shares plan, the company will continue its restructuring strategy and seek new capital. The company plans to allocate new ordinary shares to MMRA Pte. Ltd. to raise SGD 15 million to support its restructuring plan. The previous private placement plan aimed to strengthen financial conditions and repay debts, but the plan has been terminated due to changes in the company's situation
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