Mm2 Asia (SGX:1B0) received an originating claim from Frasers Centrepoint Trust (SGX:J69U), with the latter claiming reliefs against the company for a sum of about SG$2.6 million in damages along with accrued interest, according to a Monday filing with the Singapore Exchange.
The claim is in connection with the obligations of its associated company, Cathay Cineplexes, which is under a creditors' voluntary liquidation.
The company is currently seeking legal advice over the matter and will issue updates once there are material developments.