mm2 Asia receives S.6 million claim from Frasers Centrepoint Trust

mm2 Asia receives S$2.6 million claim from Frasers Centrepoint Trust

October 27, 2025 / Swedan Margen /


[SINGAPORE] Entertainment company mm2 Asia said on Monday (Oct 27) that it received an originating claim and statement of claim from Frasers Centrepoint Trust (FCT) for S$2.6 million.

The claim was received on Friday and relates to obligations by mm2-owned Cathay Cineplexes at Causeway Point.

Cathay Cineplexes is currently undergoing voluntary liquidation, having ceased operations on Sep 1.

Cathay Cineplexes in July received repayment demands from FCT for a sum exceeding S$3.3 million in rental arrears and for other items for its outlets at Century Square and Causeway Point.

The latest claim follows Standard Chartered’s payment demand on Thursday for S$905,000 of debt.

On Aug 4, mm2 said it has received eight letters of demand for a total of S$17.6 million outstanding, but can continue as a going concern. The company had also brought in a restructuring specialist.

Shares of mm2 Asia ended on Friday flat at S$0.003.



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Swedan Margen

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